New ATH for POG A$3976.
Interesting read on the psychology of investors.... for both gold and this stock.
Now this is only my opinion but it seems to me that one could
almost replace this gold scenario for many stocks.
DRE being one of them.
Once the last desperate holder has 'sold out'.... will the SP start to rise.
Gold continues to hit ATH's... that's a very good thing for DRE... assuming SoM and 'friends' prove up viable.
Mangaroon REE's are imo a classic example of fickle markets and timing.
I have no doubt that when things change.... they will change quickly... possibly after many have jumped ship... pun intended.
DRE are also on the verge of a major Nb discovery.... how many will still have shares when and if that occurs.
The SP is definitely not showing that atm.
Some say the market is always right.... I strongly disagree.... "Be fearless when others are fearful."
Many 'investors' and financial advisers are fools and can't see beyond their navel.... and need the sugar hit.
One only needs to see what's happened with gold... and what and where it's going.
Gold continues to rise and there is absolutely no reason for it not too.
A$4000 Au just around the corner.... higher again just around the bend.
Gold miners are killing a pig... profit wise, but even their SP is still not reflected.
Times are tough and many ppl are finding it hard to deal with.
Investing in this end of town is not for everyone and most have a breaking point.
The 5 x mining leases on gold bearing prospects bodes very well for Dready... if the gold's there.
These leases can be worked with minimal time delays.
Record Au prices could/will see DRE with the cashflow needed to continue exploring and discovering.
Definitely not advise.... just some ramblings on a cold wet day.
(20min delay)