Yeah, I understand everything you are saying and it's the reason...

First 13 Last

Share
Profile

Follow
Daytraitor

563 Posts.

55

19/07/22

13:23

Post #: 62608132
Share

Originally posted by chillout6: ↑

I appreciate where you're coming from. My first purchase was also @14c around 2 years ago in anticipation of an imminent JORC estimate at Dynasty. No doubt with the release of the JORC, even around a similar figure to the Canadian estimate, we would be sitting at a better price than where we are at the moment. I believe it would probably have been completed by now had Maarsland not departed and the new team not brought in.
Clearly the direction and strategy has changed with the experienced personnel brought in last September. This should have been communicated and the new strategy explained to shareholders to alleviate concerns with missed timelines.
Looking at the people that have come in, these guys are highly successful and more proven and experienced than our previous exploration team. You would think they are trying to prove a bigger resource at Dynasty than the foreign estimate, which will hopefully reward holders more in the long run. The change in strategy to start drilling Linderos you would think would be the right decision given the experienced geologists we have. Who knows whether timing regarding gold price and economic conditions are playing a part in the exploration strategy. People like Peter Cook and Mike Skead would not have got involved if they didn't see great potential with the Titan assets. Peter Cook was a shareholder before he got involved with the company and Mike Skead has moved his family over to Ecuador for his exploration activities. These guys see something decent.
I am suffering as well with the paper loss at the moment but if you put the TTM chart next to other gold explorers there is little difference in the last few months. They have all been beaten up. We have missed opportunities over the last 2 years and that's disappointing but I feel we just have to have trust in the people and assets involved to eventually deliver.
I still take heart in directors buying. I would feel better with some of my other poor performers if directors saw value at low levels.
As Gheko posted above with regards to Rick Rule, many of his multi baggers fell 50% over the journey. Even the experts rarely pick the bottom. Anyway, time will tell if Titan is a decent investment or not.
Good luck to all holders.

Expand

Yeah, I understand everything you are saying and it's the reason I haven't sold yet, but god it's frustrating.

At this rate I'll be happy to just break even.

TTM Price at posting: 5.7¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

PAM

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

RAD

Radiopharm extends radioimmunotherapy trial to 5 more cancer types

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

SGP

Things finally 'looking different' for up-and-down Hot Stock tip Stockland

First 13 Last

Add TTM (ASX) to my watchlist

(20min delay)
Last 45.0¢		Change 0.035(8.43%)		Mkt cap ! $88.31M

Open	High	Low	Value	Volume
42.0¢	45.0¢	42.0¢	$101.8K	235.1K

Buyers (Bids)

No.	Vol.	Price($)
1	4000	43.5¢

Sellers (Offers)

Price($)	Vol.	No.
45.0¢	14999	1

View Market Depth

No.	Vol.	Price($)
1	25000	0.415
1	10000	0.410
1	50000	0.405
2	7300	0.400
1	20000	0.390

Price($)	Vol.	No.
0.450	14999	1
0.455	10000	1
0.465	20000	1
0.475	20000	1
0.480	31500	2

Last trade - 16.10pm 19/11/2024 (20 minute delay)

TTM (ASX) Chart

Yeah, I understand everything you are saying and it's the reason...

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Radiopharm extends radioimmunotherapy trial to 5 more cancer types

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Things finally 'looking different' for up-and-down Hot Stock tip Stockland

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Yeah, I understand everything you are saying and it's the reason...

Top Stories

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Radiopharm extends radioimmunotherapy trial to 5 more cancer types

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Things finally 'looking different' for up-and-down Hot Stock tip Stockland

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News