There are many comments on this forum that claim US investors prefer bigger mines, if this is true then they are probably happy to keep exploring to build the resource. When it comes to advertising to help the share price, I doubt they are trading on market so if they focus on fundamentals and are happy with the current operations then they may not care what the current retail share price is. I have a strange suspicion that they may even prefer it lower, they have deep pockets so if they like the fundamentals and the resource, then if the company needs capital they get more shares for their $s the lower the share price. I guess that is just the cynic in me.
Lucky for me, I am young, have plenty of time and can always reweight, so if it goes lower as the mine fails to appear, I can get more shares to avoid possible dilution, if it goes higher, I am a retail investor so I can trade on market to take profits.
All IMO, please DYOR and GLTAH.
BRB Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
