AZY

8.33%

1.1¢ antipa minerals limited

Break out happening, page-329

First 329 Last

Share
Profile

Follow
AlexanderJ

4,002 Posts.

1311

12/04/22

18:59

Post #: 60814955
Share

Originally posted by Onceover ↑

One thing that troubles me about commentary on Hotcopper is that, whenever I read 'authoritative' comments about a project or company for which I am actually running operations or doing fieldwork, the things that are postulated by would-be analysts here are invariably so wildly far from the truth as to be ridiculous. People will be counting down the days passed, drilling rates, and the metres drilled towards a mouth-watering geophysical target, and be completely unaware that the rig has not yet arrived on site, the program has been cancelled, and the driller has gone to another job. This certainly makes me doubt my own analysis of companies in which I am not actually involved or regularly speaking with management. (And of course I would never actually comment on a company who's operations I was involved in. That would be unethical and a breach of professional confidence). But it's a sobering realisation, even for one who has spent 35 years in the mining industry and has half an idea of how hard and slow exploration actually is and how many things can actually go wrong.

As far as the expected resource upgrade at Antipa's Minyari-WACA project, the only certain thing I can say is that I really haven't a clue what is coming. They keep a very tight grip on major technical news. We could be in for a big surprise, one way or the other. It is a little bit worrying that the share price is looking surprisingly weak, and as one old broker told me years ago: 'The market always knows..' But as another broker once said to me: nobody EVER has to buy a share, but there is always somebody somewhere who HAS to sell! So who knows? In the absence of news, there will always be those who are forced to sell, and little incentive for anyone to choose to buy. It may just be the attrition of a news-less market. We will have to wait and see.

Expand

What an interesting and WELL-INFORMED comment from someone who is obviously better appraised on the industry than most, if not all of us.

This post is a breath of fresh air and a reminder to stop trying to guess outcomes, reasons for unexplained actions, or share price increases.

The only additional view I would like to share with everyone here is:
Don't make investment (or dis-investment) decisions based on emotion.

Just my opinion .... gltah!

AZY Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

GRX

GreenX picks up prospective copper project in Germany

VMS

Venture to sniff out high-grade REE targets at Jupiter project, WA

WGX

Westgold sets its sights on top five producer status through merger with Karora

Is oil undervalued?

VMT

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

DVP

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

MGU

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

NXG

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

BOE

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

There are more pages in this discussion • 309 more messages in this thread...

First 329 Last

Add AZY (ASX) to my watchlist

(20min delay)
Last 1.1¢		Change -0.001(8.33%)		Mkt cap ! $51.81M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$32.68K	2.984M

Buyers (Bids)

No.	Vol.	Price($)
45	18097675	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	1184253	3

View Market Depth

No.	Vol.	Price($)
42	17097675	0.010
29	11470566	0.009
13	6153590	0.008
4	2250000	0.007
3	2525000	0.006

Price($)	Vol.	No.
0.011	1183644	2
0.012	12478322	18
0.013	8467216	8
0.014	3785505	7
0.015	3917599	7

Last trade - 16.10pm 02/08/2024 (20 minute delay)

AZY (ASX) Chart

Break out happening, page-329

GreenX picks up prospective copper project in Germany

Venture to sniff out high-grade REE targets at Jupiter project, WA

Westgold sets its sights on top five producer status through merger with Karora

Is oil undervalued?

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Break out happening, page-329

Top Stories

GreenX picks up prospective copper project in Germany

Venture to sniff out high-grade REE targets at Jupiter project, WA

Westgold sets its sights on top five producer status through merger with Karora

Is oil undervalued?

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News