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Ann: Third hole at Chuscal intersects vein grading 31.8 g/t gold, page-41

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  1. 4,037 Posts.
    lightbulb Created with Sketch. 1716
    Gold now $1600 USD. Looke like the 1620 target from the 1200 double bottom will be reached.

    SP action disappointing but is this really an opportunity longer term if you think the new management are worth backing. If I'm wrong I lose money, I'll take what's left and move onto the next play, but I won't sit around and whine about if forever in a day.

    If I'm right another multibagger in the works.

    I think I'll go and review some of Jason's videos from Andean as a reminder as to why this stacks up regardless of short term market sentiment.

    All the negativity is the same as when I was buying HCH at a couple cents, BC8 at 13, MCR in the 20s etc etc. They have come good BUT only through riding out the short sighted negativity.

    Others where the turn around is too long, I take it on the chin and I've taken capital and redeployed. Some you win on some you learn from. Most importantly responsibility for one's own decisions is paramount, no one else is to blame.

    I think what folks forget is that the market is not here for us to make money but for companies to raise capital, first and foremost. Where investors make money is seeing when there are opportunities in undervalued businesses that the market has mispriced.

    If you go into your strategies with that in mind, there'll be a lot less negativity and a lot more objectivity and hopefully more success whatever that means to each investor.

    Best of luck old and new holders, if I see Sandfire has sold their stake then I'll become somewhat displeased and negative.

    Until then may whomever is selling just capitulate and get the hell out so we can have the final washout and move on.

    It's a spec stock folks, high risk, high reward.and remember the PRIMARY PURPOSE OF THE STOCK MARKET IS FOR COMPANIES TO RAISE CAPITAL.

    Best of luck to one and all whatever your decision on MNC soon to be Los Cerros.



 
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