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1.9¢ navarre minerals limited

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Justgold78

371 Posts.

21

20/03/19

08:59

Post #: 37818665
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Originally posted by anatol: ↑

In any case this sock is not good for traders. So they won't buy this stock Traders can't predict the sp will go up or down and it's not liquid for them either.

NML is only for mid-term or long-term holders who can hold their shares while going up or down quickly. As far as I can see the MT and LT holders are not selling anymore. The supply is very limited. So the sp goes up while the buyers are trying to buy off screen whatever they can find at the end of the day.

I am holding for a year now and didn't have any doubt about NML's potential. It's getting better and better in terms of fundamentals. The sp is irrelevant for me. I am only interested in market cap in relation to the assets. IMO it's mc is not right at $35m. Looking for it to reach to $70m. (I may sell before it reaches there though). I am sitting on more than 100% profit but still waiting for the news from drilling assay results of Langi Logan and Glenlyle which is on the way, and then Tandarra. I am very interested with Tandarra drilling as well. It will start very soon I guess. It will be very exciting to see the results.

Anyway, all good IMO.
GLTAH.

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Holding since 3c last year and topped up again in the 4s. Ill be holding for the ride from here.

NML Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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