I wouldn’t say I am happy by any means, I am still down on my investment and I have a significant holding here. With that said this is a long term investment for me, 3-5 year holding period at a minimum depending on what evidently transpires over that time. A lot can change over that period but I keep a core holding period at all times unless I am dissatisfied with how management are running our company. I am comfortable that Mike and the team are doing the best they can in this difficult environment in terms of commodity pricing. I am looking forward to receiving further rock chip results soon, high grade copper would be welcomed.
I trust that this management team will spend the investor dollars wisely and they are aligned with shareholder objectives, that is all I can ask for. They are interested in making an economic discovery and progressing projects. I wouldn’t have averaged down unless I was comfortable with the projects and management team. Apart from the share price not being where I want it (Which is outside managements control at times as they don’t control the direction commodities fluctuate in) I am happy they are moving the business forward while being prudent with shareholders funds. The majority of resource stocks have been hammered over the past year (some rightfully so, others I see as long term opportunities). I could turn out to be wrong here in my assessment of value (hopefully not) but it’s called investing for a reason. Cheers, CP
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Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.95M |
Open | High | Low | Value | Volume |
7.0¢ | 7.0¢ | 6.9¢ | $8.337K | 119.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 66362 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 46460 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 66362 | 0.069 |
3 | 179140 | 0.068 |
3 | 200500 | 0.067 |
1 | 300000 | 0.066 |
2 | 55000 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 46460 | 2 |
0.072 | 30610 | 1 |
0.075 | 2500 | 1 |
0.077 | 100549 | 2 |
0.078 | 54808 | 2 |
Last trade - 15.44pm 14/10/2024 (20 minute delay) ? |
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