Hi Gents
I will give you Several reasons why insto's will gladly pay & buy on Market - WHEN THE TIMING IS RIGHT
Insto's dont play by the same rule book as retail investors, they are happy to pay 500% more for a stock or whatever that % might be.
BUT - they want confirmation that this thing is the real deal & for the Asset to be De-Risked to an acceptible level before they will dip too much of a toe into this Pond !! So what factors are they looking for:
- Tier 1 + Status = Ecomonies of Scale
- Confirmation that the Porphyry extents well beyond the current footprint, this confirmation will Drive us through Tier 1 Status
- Solid mining jurisdiction with low soveriegn RISK
- 100% Ownership
The above are only a few items - but the BIGGEST one being that we wont be doing anymore CR's for well over 12 months !! & If we Prove that Cortadera North is Mineralised, then that will tick off 3 of the above concerns & will Very likely lead to that triangle from
Cuerpo 1- Cuerpo 3 then accross to Cortadera North & back to Cuerpo 1 all meeting up at Depth IMHO
Which will mean anyone wanting in will be buying on market at multiples of where we are now !!
& insto's will be the ones driving the BUYING action IMO
So it ALL comes down to RISK v REWARD = Those of us that have had the courage to buy early & HOLD will be rewarded Handsomely IMO
As will those who wait for a higher entry price ( Just not as Handsomely as the rest of us )
God Bless
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Last
83.0¢ |
Change
0.020(2.47%) |
Mkt cap ! $125.6M |
Open | High | Low | Value | Volume |
84.0¢ | 84.0¢ | 82.5¢ | $31.83K | 38.34K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 81.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
83.0¢ | 2222 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 0.815 |
1 | 6276 | 0.810 |
1 | 3046 | 0.805 |
6 | 106820 | 0.800 |
1 | 3000 | 0.795 |
Price($) | Vol. | No. |
---|---|---|
0.835 | 4763 | 1 |
0.840 | 5285 | 1 |
0.845 | 73538 | 1 |
0.865 | 5000 | 1 |
0.875 | 30583 | 2 |
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