Ann: $85 million Capital Raising Completed, page-29

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butcherboy

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25/01/16

09:45

Post #: 16861646
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Originally posted by DoctorFouad ↑

my opinion has been really clear and straightforward : if Orocobre could avoid further delays and dilution, then this is clearly a terrific investment opportunity even at these prices (a multi billion $ company in the making). But given the poor track record of management, there is more risk to this rosy scenario than what most investors are willing to believe.

As for shorting a junior mining company...seriously....these creatures are so volatile, unpredictable and most of the time are extremely either undervalued or overvalued, that anyone shorting them or trading them on a daily basis, could loose easily his shirt without a moment notice....either you go long and try to take some profits in the process when the stock spikes from time to time, or you simply dont touch them.

for example, look at syrah resources, a graphite play, it is clear to any graphite analyst that the company is more than extreemely overvalued (they want to flood the market (doubling world supply) with cheap graphite, what a great strategy lol) it is now a 800M$ cap company, is it wise to short it ? of course not, because the junior miners thrive on hype and irrational expectations, as long as the company is not producing anything and just touting its brilliant plan, it could work for them for months or even years ! once they start producing and executing their plan...the ugly face of reality will show itself to desillusioned shareholders....(remember orocobre at 4$?).

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If shorting junior mining companies was such a no-no crazy-arse thing to do, then why was ORE being shorted?

Yes I remember $4, been a holder since 20c. In for the long haul, when, as you say, it may become a multi billion dollar company. Or it may not. I guess I'm not as risk averse as you are.

ORE Price at posting: $2.45 Sentiment: Buy Disclosure: Held
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Ann: $85 million Capital Raising Completed, page-29

Top Stories

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Utah authorities sign off on Anson's lithium extraction plans at Green River

Vulcan appoints investment bank and M&A veteran to board

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

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