Such stocks (explorers) don't do well in such market environments. And such analysis above like, "back in the 20s", while not considering the broader market is not telling the full story. The whole market has taken an absolute battering and nickel prices have trended downwards.
What on earth does one expect? I am in REC which took a tumble on market sentiment but pumped today on results. That's what we need (if you're planning to swing trade as well).
Hence...
Waiting for more results from Ridgeline.
However if the plan is to take this to mine and that's what it's sounding like. Then long hold will reap rewards.
Such stocks (explorers) don't do well in such market...
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