BIG 0.00% $2.22 burrendong minerals limited

a bit of godssip, page-24

  1. 24,765 Posts.
    Yes I am currently out.

    It is not my habit to ride a spec from 2c to about 30c and all the way down to 9c or whatever, especially when it can become difficult to value.

    I remember when the stock was in the high 20s noticing that it was capped more than NAV and more than TRY.

    NAV already has close to a million ounces of very good grade near surface gold with huge upside plus a very promising rare earths resource.

    Now TRY just happens to be a successful, dividend paying gold miner - it has paid a dividend for years - and is embarking on some significant expansion.

    I guess it is all a matter of risk/reward for me and keeping a perspective.
 
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