The market is attracted by the resource price up in general. JRV is in a very interesting point to change.
Its resource asset including its gold mining in current gold price give the people some imagination. It seems impossible to close the door since its huge resource and its unreasonable price. The climate pushes the bargain hunters look for the profit opportunities in a half or one year.
Without matter what happened internally, JRV price could be so low mostly it is because the market sentiment as a whole. If you hold JRV too long, you might be unable to see it but the smart money know the value of JRV.
JRV price is very disappointed but it has some very proud huge resource. Its future might be affect badly by a bad management team with so great resources but you have to admire JRV was not so bad and had the gut to get these resources.
JRV price seems have touch its bottom. One of fifth right issue at $0.004 in this worst time. How worse could you image it could? In market, if you could get anything at its lowest price, no risk at all!
This $0.004 roughly defines the possible lowest price of JRV. At this price, it would be easy for JRV triples its price if the days become warmer! What the loss in past is not important but how could you get in future.
Unfortunately most of people hate to see the loss in the past and then assume the future would be the worse. In reality after the worst you just could get better.
Don't use the past as the reference for future if you don't use it to get extremely low. It doesn't work.
JRV Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
