"I made the mistake - against my better judgement - of buying some more stock at 30c, only to see the price go down below this level pretty quickly. "
If you plan to hold for a while and like what you see, then picking some up at 30c is not a mistake, hunting for the perfect entry point is usually the mistake, it leaves open the possibility of missing out or having to enter higher if it moves up quickly....2c was probably the perfect entry point...
but 30c is likely to prove very profitable if you have some patience but as always comes with no guarantee...
Cheers Whisky
Peel Mining PEX valued at around $76m at 55c/share
RVR valued at $140m at 29 cents/share. $125m after deducting cash.
Peel has a few good zinc drill results and years away from production.
RVR in production, fully developed mine, plant according to Mel worth $150m and great exploration upside.
Peel has to fall or RVR to go up in price.
Attended Cutting Edge pres last night. Mel very enthusiastic about exploration. Multiple targets within trucking distance of mine. Expect continuous next flow next 6 months.