Australia's largest stock trading and investment forum Australia's #1 stock forum

PRL

Click for more information

0.00%

4.1¢ province resources ltd

Ann: Province Announces Positive Scoping Study, page-120

First 120 Last

Share
Profile

Follow
FatoftheLand

573 Posts.

145

09/03/22

16:29

Post #: 60092555
Share

Originally posted by dalilutao: ↑

Unfortunately I had to stop loss this afternoon and sold all of my position here. I've seen too many cases of continuous drifting lower in SP after a resource company enters It's study phase. I like the SS and have faith in this stock in a long-term, but I have to manage the overall risk in my portfolio unfortunately and I will come back at some stage.

It's just a market cycle. A narrative resource stock usually becomes an orphan during study phase with not much news and hype, and not mention that this project has a super long way to go. Not a downramper but I just state my thoughts. I could be wrong cause nobody can predict the future.

Good luck to all holders.

Expand

Sounds like you had a lot of scratch in this one mate. Hope to see you back here soon. I entered at 18c with half my money, and have quarantined it until around 2030. I might the other half in shortly if you're not careful

Last edited by FatoftheLand: 09/03/22

PRL Price at posting: 9.2¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

First 120 Last

Add PRL (ASX) to my watchlist