Ann: More high-grade assays from King of the Hills, page-20

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13Beast

73 Posts.

13

22/03/20

11:36

Post #: 43628828
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Originally posted by speculator101: ↑

Hey Beast, I appreciate your kind words (although please do pull me up if I start posting drivel!! )
To keep this related to RED, I would just say that if you do a proper risk/reward analysis (heck, even just a S.W.O.T analysis), which is something I do from time to time, just to re-focus myself, as in the past, I have found it easier to justify (in my simple mind) that its better to take on more 'risk' in riskier stocks, because the upside is higher (which may be true, but the chances of hit happening are much lower!). Which has in turn let me to taking must heavier losses than I needed to, if I had instead, just focused on businesses that had proven themselves.

Whilst RED5 is not squeaky clean, compared to PNR, who basically cannot even run a small mine, why would I have any confidence they can run an even bigger one. Simple rules for me - Capital preservation, management team, project and for now, size in the market. The small caps always lag, even in a boom. The time for PNR may come, but... def not yet.

If RED5 achieves its goals with KOTH, then the upside for me is far bigger than PNR, and all the while, the risk is lower. Hope that helped in some small way.

Of course, please DYOR!
(Lastly.. I did grab a very small holding yesterday... just in case management prove me wrong about the quarterly).

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Thanks Speculator, I am familiar with SWOT analysis from military officer training. Never thought of applying it to stock purchasing, but I can now see its application.

I do agree on RED5 and am fairly bullish on this one. Surprised the market has not quite woken up to it yet, even with all the carnage being wreaked by the coronavirus.

All salient points about PNR - I have seen them mentioned in a few articles about being a goldie to jump onto, with the big caveat being IF they can get the mine up and running to actually produce, exactly as you pointed out.

RED Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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