Seriously relax don’t stress. It’s Feb, Friday and USA markets down. Plus $12 mil of shares at 4c, most will be sold. Throw in profit takers. I even tried to sell some in the 6’s but fell away too quickly so missed out. It will come again.
I am not bothered by the SP retrace at all and neither should some on here.
The facts are we are drilling again, scoping study, top management, reserves will be increased again could even double what was announced. Throw in the economic’s of REE such as basic supply and demand, the world need our rare resource, countries feuding and great relations with Uganda. Uganda isn’t the rep of Congo where Sundance are having issues by taking way too long to do much with there permits hence govt took them off them. We have great relationships.
Then we have the company and fast tracking this project. In another month or so the Sp levels you see now will be another FOMO reflection and SP 6c+. Personally love to see 8-10c by mid year which is possible once resource doubles and who knows what’s around the corner and hard to believe that a move or offer might come and fantastic utilities and infrastructure surrounding this area.
So my take either buy more or turn computer off, go for walk and don’t get caught up with the relatively low volume sell offs atm. SP holding up reasonable well I think. I guess I am biased as all my stock is free carry. Have a good weekend to all. Sun will shine brightly next week sure if that.
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