Australia's largest stock trading and investment forum Australia's #1 stock forum

ESS

0.00%

50.0¢ essential metals limited

Food for thought, page-5

First 5 Last

Share
Profile

Follow
nil by mouthj

605 Posts.

30

25/05/18

00:48

Post #: 33300267
Share

Originally posted by pezsaz ↑

Hey hey Chotachetam !!!
Nice one.
& Sorry, i didn't see your earlier msg to me on PIO until just now
Welcome to PIO. I it's one of the best explorer opportunities around. I jumped in big time in Feb. top 20. Maybe top 10. am pumped about its potential. It's been around for a while so understandably a lot of people have just lost patience. And mgt get a little trigger happy on announcements so that can, and does, fry your brain with anticipation that never eventuates.
That said, its weakness is also true of its strengths eg. Having been around a long time, they have great tenements, Networks, And understanding of the industry. And knowing how to stay alive is key cause eventually you're going to land something big. And are cautiously building capability.
Some critical self funding will arrive over the next 6 - 12 months from Caesium. This will differentiate PIO from majority of other asx explorers. And provide a credibility test. And then they are moving to a focus on cobalt which is a great strategy for now and will be of great interest to investor community. Drill results on the cobalt compare well to others in the money, and looks like it could be a reasonable size
Remember, this is an explorer. Manage your expectations. The volatility means nothing. The market cap is key and only swinging between $30 -$40m. There are a few out there that have started thinking of this as a producer already and understandingly letting expectation in and mess with your head
It's a medium to long term hold for me.
Easily could be a solid 10c to 15c by May next year, but remember, it's an exploration stock which makes it a beast psychologically
FAT prophets are a fan
I will be buying more in the next few days at these prices
Great buy!! Nice one
Cheers
Pez

Expand

LOL.
Nice one Pez. If you scroll back in time to the Great P & D of May 2016 you'll find a bundle of amazing posts full of wonderful adjectives to describe how truly awesome PIO really was at that time and apparently still is. Enough water has passed under the bridge that you could probably use some of them now and nobody would even know. Think of it as ''research'', not plagerism. Way quicker and easier than thinking them up yourself. True story. Looking forward with unbridled enthusiasm to your likewise spin.
Cheers
Nil

PIO Price at posting: 2.1¢ Sentiment: Sell Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

AMI

First stope ore could be pushed back to Q2 FY25 due to flood-like event: Aurelia

AI stocks: What to expect in 2024-25

ABY

Adore Beauty FY24 revenues up 7.4% YoY to $196M

Talking Australia's very competitive property landscape: Realty Talks

ASX Market Open: Aussie futures fall on overall weak night in the US