AZY 8.33% 1.1¢ antipa minerals limited

Ann: Drilling of New Targets Deliver Significant Au Intersections, page-37

  1. 2 Posts.
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    Sense a big fish was playing the market. Many smaller investors dumping and running at any cost.
    We don't blame them for being scared, there's much speculation of gold prices hitting $1000.00 USD or the going the other way at $2300.00 USD+

    You need to see the bigger picture and play the long game:
    - A ridiculous amount of land owned outright.
    - Results show gold and other resources in the ground. (Whilst they are not major finds, they are all finds)
    - Multiple major players with a hand in the game all drilling away fully funded and committed.

    For some reason a few have been spooked.
    We didn't mind so much. Picked up what we believe was a bargain multiple times as the price lowered from 0.44

    Never sold when it peaked and continue to hold.

    Short term 2-6 months we sense a few ups and downs as anyone can expect with uncertain times, but when the results and total calculations of just how much gold is in the ground and accessible, the long term gains are there.

    Intend to keep picking up at the right price and looking at a 10 to 20 month holding pattern.

    Sense in time there will be offer for mining rights. (Much like NTM)
    We saw what happened with that didn't we? and that deal has not even been signed yet.

    NTM has dropped a little, but we hold that as well.

    If you are spooked, sell.
    If you are happy to hold for a good year, two or three, it will be a solid investment long term.

    As always, never invest more than you intend to risk.
 
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