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Ann: More High-Grade Copper Discoveries at Storm, page-65

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Giovanni33

2,497 Posts.

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26/09/23

10:25

Post #: 70025940
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Originally posted by ChinaDragon: ↑

Hi mate, I was wondering if you had any insight into whether there is a huge over hang of stale holders? It seems to me as though there are plenty off loading here now that news flow on Canada will dry up until next year.

My view is that some may be caught having bought at recent highs and feel it is better to take the loss and put funds elsewhere. Others, probably a larger group bought in the lows and are taking their 300 - 400% gains elsewhere.

I will be topping up at every opportunity I can between now and next drilling campaign. The options are high risk but offer compelling upside. Another season + 12 months should see them in a very healthy position.

N.B. - not ignoring any upcoming news from other projects or indeed Storm. Just trying to put some perspective into the weakness in the SP.

One final from me, one has to remember that we had a period of craziness during and post Covid where people could make 1000% gains in a few days. This has led to a type of investor pervading the ASX which still expects the same thing to happen now. Patience in the market, due diligence, research and backing the same over a long period of time seem to have disappeared from the retail investor. The next shiny ting is always around the corner.so this creates sell offs that aren't warranted. Why would you leave your money in a stock which won't go up 100% until April when there will be 10 more before then (obvioulsy never works like this but this is the psyche of the average punter these days).

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You're spot on with the final part of your post. Could not have said it better myself.

AW1 Price at posting: 19.0¢ Sentiment: None Disclosure: Held
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Ann: More High-Grade Copper Discoveries at Storm, page-65

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

BCI reaches close of funding facility for salt-first part of Mardie project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Buxton projects new graphite province discovery at WA Narryer play

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

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Ann: More High-Grade Copper Discoveries at Storm, page-65

Top Stories

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Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

BCI reaches close of funding facility for salt-first part of Mardie project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Buxton projects new graphite province discovery at WA Narryer play

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

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