Strike looks like slow and steady growth over the last 5 yrs. Has a few lumps and bumps but the long term trend is up....if you take the last few mths you'd be down but is it trading or investing? And perhaps will it rebound past the price of today in the future?
Do agree with your thoughts on when to buy in, however, is it ever safer? Even the most careful investor can come undone with mining and production being just as risky as the exploration and "derisking" early stages.
Just ask BHP about nickel in WA. Big White elephant named Ravensthorpe Nickel. Cost billions to build, couldn't break the chemistry of the ore and sold it for a fraction to Keith Neumeyer and FQM.
Round 2 Now laying off hundreds of workers after being sucked into an overhyped and supplied market...
Even a mining giant getting it's fingers burnt....
VRX Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
