I avoid anything where directors have over promised and under delivered on major promises/ rarely release annoucements. Even if it drops then bounces 110%, I would not touch it. Even if the resource is top grade. Stocks consist of from my background:
- GDN, VIL, GGP, CDU, KOR, EXM, CTP,
ATM I am in NKP. I purchased only recently at 44cents based on the negative court case decision. The BFS has continuously been over promised and under delivered, amongst other promises. Nonetheless, I went into the company becuase the quarterly activies report demonstated to me the committment to date on the BFS. I interpreted the BFS delays as fundamental complications. They are dealing with a project of over 2 billion in NPV. As a result, I am reluctant to include NKP to the list because I believe the company will deliver with the BFS either later this year or early next year.
Disclosure: This is not financial advice and I am not defaming the potential capability of the respective management teams from these companies. I am merely speaking on past experience.
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