Stefoid,
gave u a TU
you are right,other than the world blowing up,it is risky out there.Smart people mitigate their risk by research and the more indepth research you do here,the greater will be your reward.It'd be terrible to make 20% on your 5c purchase and miss out on 100%,because you hadn't placed a realistic exit value.
I fall into the category of the cheer squad as you put it.I know most investors,hope a 5c share will become at 10c one tomorrow and they can double their money.
If you look at the entity and its individual bits,you get a better valuation of the whole.I like bargains and if you research enough you find them amongst the chaff.Someone commented there are 700 odd listed mining companies.I guess i've indepthed about 40 or so likely candidates,in the last year alone rejecting most,so there are possibly other bargains to be had,if you research enough.
That enables you to value what you have against a better deal.Do I or don't I? Time to get in and time to get out?
The company has put out a presentation stating 46koz for this quarter with 2 months already gone and Barracks milling all but complete.It all depends,what the mix is as to how much cash is flowing where.Having done my research,i have my view of the likely split and where the moneys likley to fall and how much above cash cost for each part FML or CRE.In other words,i'm just after confirmation.
My sentiment hasn't changed.It's Just been strengthened with that tidbit of confirmational information.(My assesssment was around 43koz for the two entities).You too could be atleast as sure as me with enough research.
I'm surprised the shareprice hasn't already started to move.
Bit like waiting for the tseunami,the tides gone out,leaving the fish stranded and now we're just waiting for THAT WAVE.
DYOR+DYODD
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.11M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 14.0¢ | $875 | 6.251K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 112305 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 9930 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 112305 | 0.140 |
2 | 54554 | 0.135 |
3 | 27509 | 0.130 |
1 | 33474 | 0.120 |
2 | 18181 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 9930 | 1 |
0.160 | 37300 | 2 |
0.165 | 71956 | 3 |
0.170 | 10000 | 1 |
0.175 | 16889 | 3 |
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