I know gold is hot atm but nevertheless.
KAU. FA is based on technicals and air surveys etc. Soil samples!!? None of that is a reliable guide. Mostly it has been pumped furiously to keep the SP up. But chart shows largest bar is a sell. Maybe when they actually drill and get some assays out. But for now doesn't really deserve the attention imo.
PDI. Has some OK results but like KAU has been over hyped. imo Has volatility to trade but not world's greatest gold stock as many seem to think. Volume chart just doesn't look quite right to me?
Story is repeated across the board where stocks are being priced more on hype than their merits. eg GTR, REE, POW, RGL etc.
AXE. Even a stock like this with quite a sexy story is still incredibly speculative. Big names like Bill Gates, Bezos etc have been pouring $$$s into quantum computers for a number of years. Not that realistic to expect any paydays in short term. SP is not gonna just go up and up. You can make good $$$s out of these stocks without signing up as a lifetime holder.
What kills you in this game is the losses. Give yourself every chance by taking a very realistic/cynical view of every stock. And espc every stock that is pumped to the heavens.
Stats will say that most of the time that will be the right choice. haha
Educate yourself about basic charting, mining jargon and market psychology but never think you're an expert.
Most peeps won't be able to do this. As soon as peeps have a win they become an expert. That's why you really need to lose badly before you can win on the markets. Unless you are super smart or super lucky.
That's enough blather.
Doing workout in home gym and via Zoom is just not the same. I'm slipping backwards.
I am thinkng 3rd touch of the trendline I may be in luck holding a few goldies
