GW1 0.00% 5.3¢ greenwing resources ltd

Chart_TA, page-832

  1. 2,426 Posts.
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    this is a mining company give them some time for commissioning and ramping up production, dont expect them to provide you with day to day or week to week operational updates, its a waste of time and resources / distraction / unnecessarily stressful for them: "this day we produced 5 tonnes, then 8 tonnes then just 6 tonnes trying to balance recoveries of large flakes with purity, then something broke and we fixed it the next day then 10 tonnes per day then just 7 tonnes because purity took a hit...etc etc etc".

    you have to understand that each announcement takes time and resources from management to publish, I would rather for them focusing on their daily jobs than worrying about day to day stock price fluctuations and trying to time the market with frequent lacking of substantial new info announcements, its counterproductive, it may give you some short term stock price increase but over the long term only hitting milestones (nampleate, shipments, cash flow positive...) matters.
    Last edited by DoctorFouad: 12/06/18
 
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