NWC 5.26% 4.0¢ new world resources limited

Ann: Exceptional New Drill Target Defined Next to Antler Deposit, page-92

  1. 14,995 Posts.
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    Just happy he's presenting. Not only does the message need to be got out for small caps. those holding need to fully understand the story. Now I'm not in for a minute saying long-term holders don't. I think there has been a more recent rush into it on say Harley's Buy recommendation. Deep understanding of a stock is built like layers on an onion. That is very important because:
    1. it insulates the holder from knee-jerk reactions from poorly understood short-term news.
    2. it allows one to build a sizeable holding (bet) in something that may be say a three-bagger (from here). There will be a raise for plant build say.

    Those comments were confirmed to me, when I spoke to a legendary stock picker, from a fund manager a decade ago, who has since gone private. Wasn't I happy to see Joe Bishop from RCF as one of the three non-staff attendees at the last AGM bringing those ideas to life.

    All IMVHO.
    PS. I had seen him before at another AGM form a Cu developer, treated with respect by management, but I didn't recognize who he was.
    Last edited by arsenic: 12/02/24
 
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