STM 10.0% 1.1¢ sunstone metals ltd

Ann: Quarterly Activities and Cashflow Report, page-29

  1. 416 Posts.
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    Not an unexpected response from one of the overwhelmingly negative. Just as extremely positive sentiment should be a sign to be wary, and I can think of an explorer drilling in Brazil as a recent example of this, also extremely negative sentiment can be a pointer to irrational behaviour.
    ' The market knows what its worth and right now it ain't worth squat' is a statement I have some trouble with.Presumably in 2015, I think it was,the market knew what RMS was worth when it was valued at 5 or 6 cents and what SLR was worth when it was valued at 13 cents or so. Both these at the time, were gold producers and making healthy profits. So much for the market is always right hypothesis. A little thought would also reveal the conundrum, was the market right when the price was 4 cents or when it was 0.5 cents.

 
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