1MC (any other 1c to 5c explorers) needs more than news now.
We are no longer in 2021 or early 2022 where 5c explorer with good assay result will make it 5x, double to PFS, double again to DFS
If buying 1MC you need to look at 3 to 5 year timetable to 5x to PFS, 5x DFX, 5x to prodcution than depends on annual production
Why because the NEW money is getting sucked into later stage pre-miners that are nearing PFS, or DFS or near term miners or miners are that getting ready for dividends.
There are only small pool of investers willing to buy 1c o 10c shares even if 50x to 100x is on offer, most average investors will rather go for $1 share and hope for 2x to 5x
Add to My Watchlist
What is My Watchlist?
