This is like betting on a racehorse for me. The money is spent. It's either win or lose now. Personally I wouldn't sell out in what is essentially a bear market still. As long as they have money in the bank and a (slowly) growing resource this dip is just a minor setback in a long term plan. I get people have finite patience and look to turn over a buck quicker than this, but given 50/50 odds on losing all of it vs potential insane profits from a rare earth operation or RED needing a few extra holes this is still very appealing to this degenerate long term speccy gambler. If I become the sell wall I'm always at the point the government is getting the least amount in tax as possible, that's another reason going long on speccys is attractive to me, they operate on over-extended timelines as we can see here so going long seems natural. If I wanted to try make 20c or 5% on this tomorrow and pop champagne every weekend I'd invest in meme stocks like BRN instead.
ASR Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
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