WR1 4.11% 70.0¢ winsome resources limited

Ann: Exceptional Metallurgical Test work Results from Adina, page-67

  1. 1,255 Posts.
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    @Hingdog Agreed with your understanding of the time value of money but the main * to that is the cavate that you make those kind of returns.
    You could also run the risk of losing your money and instead of $2.50 it becomes $0.73. Such as the reality for WR1 holders in the past 12 months

    Yes, if the SP jumped to $2.50 tomorrow, it would mean that most holders would exit and everyone would have significantly more capital.

    My issue and why its not just stupid but a dangerous comment is that in either instance he is implying that $2.50 is guaranteed to be worth $4 in 3 years.

    1.) If hes talking about inflation (which I think he is), it would suddenly need to go to 15% a year in the next few months, with no stimulus, savings and while rates are somewhat high.

    2.) 60% in 3 years, which isn't infeasible but completely omits the risks. If we got $2.50 tomorrow and someone went into something like a C1X or a OM1 like Kev did at peaks. They would be down 75% in a few months, with very little change of a remedy. Which would mean they would have more money had they just held the shares at the current price.

    This is the pure greed play and I have no doubt, holders like Kevin would jump at doing that the first chance they got.

    I prefer knowing my money will appreciate over time. Yes, I won't be the richest here or even the closest. But I prefer always knowing that each dollar I invest, when I go to take it out of the market is will be worth alot more. Even if it takes 3-4 years.

 
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73.0¢ 73.0¢ 69.5¢ $264.5K 373.4K

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