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MOD in London, page-21

  1. 1,625 Posts.
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    Rick Rule invests early and only invests where he thinks there will be massive potential.

    Obviously he believes the Kalahari copper belt has some huge discoveries still to be made. Right or wrong, he is true to investment philosophy and is in before the hype, and has continued to buy aa price has weakened.


    I'm sure he would like strong SP, but honestly if he plan to multibag on a huge discovery he couldn't care less about IR or sentiment in the meantime.


    Myself not having 100's of millions spare, I get a lot more nerveous holding something in the red, and for this long, but i'm invested for the long story of this region, so can't get phased by SP performance in the short..


    When all is said and done, we're still hinged on exploration, so drill results are king. IR skill can only play a small part in that respect.

    If anyone here catches up with MOD at 121 mining, please ask them what options they have explored for assay turnaround. That is a tangible problem that isn't going away while we have 14+ rigs going for the next year.  If it is 6 Months before we start learning early potential of T20 drilling, due to delays assay results, that is way too long and even the faithful will leave if SP continues to wilt.

    Last edited by RhysT: 20/11/18
 
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