I've been selling a few of the dogs in my portfolio that dont have the legs to stand on in a bear market so i can accumulate larger positions in the better bets.
What does a bear market need ? Exceptional news flow. High grade drill x lengths in a hottish sector. And a widening foot print to infer more to come. And the smart money will bet on a country that can permit you to mine. Rather, then, that it stands a chance to be taken over at MRE maturity, not be stranded. Stand, get noticed, walk, run.
Make the betting case of 10m to 100m efficiently use of capital. We will need to raise along the way, but as SG has said, our discovery exploration dollars stretch much further in KAZ. That = more news flow between CRs.
C29 Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held
