Welcome to the g88 club mate
If you've been waiting for a burst since 2009 and mention somewhat similar on Twitter, I believe I know your perspectives there
I think retail word is spreading here as you mention. In the end none of us know what's going to happen bubble wise but I'm in your camp and have been for two years, and so far we are both wrong! I think it's 6-12 months off. Again
As for here, I think there's two sorts of micro caps that do well right now
- Those cashed to the eyeballs, which we are not. We have what we need(based on current strategy) to do a lot of amazing work for this year, but we've not got $15m in the kitty. Note, no need for any CR this year unless we find something incredible that needs more holes
- Those with genuine undervalued assets that are undervalued. Lucky for us I believe we are undervalued because a) the genuine free dig potential of the nickel, b) the unreal potential of the REE if it comes up trumps, c) potential for nickel sulphide underneath all this, d) potential for a few bars of gold in the parallel fault to a 3.2Moz (and growing) gold mine, e) high grade scandium. All with stringent and transparent management
If the ducks line up, we just experienced leg up #1. Didn't finish in 6c because too many CR investors likely took some 25% profit in two weeks, but still small volume vs our first leg up
I spoke with the team last week, REE assays were prioritised behind the nickel hole, so results could start coming as early as next week, but my money is on a fortnight. Gives time for FOMO to spread
