It comes down to trust and risk management. The competent person is also the biggest shareholder who has the most to gain. The competent person/geologist/major shareholder trusted somewhat a document written in a language that he has already admitted he does not understand. There is a lot riding on the enthusiasm and judgement of one person. He does seem to be highly respected and trustworthy- for all that.
Appropriate for a microcap?
Larger companies and large public institutions have invested squillions based on less.
Risk and reward. I will keep this as a low percentage of my portfolio. Then I can anticipate upside on this and sleep well.
IMHO DYOR
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4.9¢ |
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Mkt cap ! $7.778M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.9¢ | $1.862K | 38K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 778 | 4.8¢ |
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Price($) | Vol. | No. |
---|---|---|
5.6¢ | 9672 | 1 |
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No. | Vol. | Price($) |
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1 | 778 | 0.048 |
1 | 100000 | 0.046 |
2 | 155555 | 0.045 |
1 | 22378 | 0.044 |
1 | 100000 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 9672 | 1 |
0.058 | 69705 | 1 |
0.059 | 30000 | 1 |
0.060 | 16666 | 1 |
0.063 | 37500 | 1 |
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