$500 buys about 1500 shares for someone getting in for the smallest amount
Wait until the price doubles and you get half the number of shares for the same $500
Most wait.
From the perspective of those in the know whether its funds, brokers, management
If they have every bit of faith that they are sitting on a big pot of gold
Then there’s a lot of incentive to chip away with negativity, talk up the competition etc., keep reminding ppl of the flaws, not the attributes.
The more shares they can get for every $500 the bigger their stake in that pot of gold for the smallest cost.
You must agree, there must be more to all this than just a few mums and dads buying and selling their little parcels here and there.
I watched the Money of Mine episode yesterday interviewing Warren Irrwin.
He has a bit to say about the cash burn of NXG. Given that a director is shared, with TORO, worth watching.
TOE Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held
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