Looking forward to the next 1-2 months. I think there is going to be some big announcements that will get ESR back on track and the SP. Be also great to see alot of these non-holders missing out and crying even more because of it. It doesnt matter what share forum your on, most of you will know, the non-holders/downrampers will appear regardless how well or how bad the share is doing.
IMO ESR is an absolute no brainer here at around 2c. Why would you sell at these levels if you are still a holder? There is way more upside than downside and if you are already underwater with ESR, seriously how much more could you really lose at this price that is going to change your life? For me its more of a chance to average down and increase position.
Seems to be forgotten ESR is a spec and with specs comes high risk. Like many specs they hit something, price flies and then retreats. For the very few specs they continue to rise in SP and this is where the risk you take comes into account. You decide on whether to ride it out or take profits. It is your decision on which path you take and either the reward or consequence will come from it with no-one else to point the finger at, except yourself. Unfortunately this was the case with ESR so far but I believe still has the goods and not alot has changed with the assets they have.
Spargo will sell for good $$ and it will fund the CB project for many years. This will have a direct positive outcome on SP. Need to join the dots here, options issued for services rendered, qtrly announced extremely early and a drill rig returning to Spargo site!!!!
Unfortunately for so many they want to buy today and retire tomorrow and that only happens for a very very small % of people. Thats luck but what is needed here with ESR and many other shares is pure patience and belief.
All imo. This is no pump by any means just a bit of realisation.
Good luck everyone with whatever path you take.
ESR Price at posting:
2.3¢ Sentiment: Hold Disclosure: Held
