Adam, the price of making money in the junior sector is eternal vigilance. This becomes especially important in the current economic climate. But the rewards are fantastic and far outweigh the sacrifices made.
If one understands the junior resource [small cap] sector, one will figure that only 5% of that group actually get their resources to production or have a takeover thus rewarding their shareholders. Its not too difficult really...
Projects, People and Share Structure....that's the key. Its better to figure out which companies "mine the stock market" and the companies that actually keep their costs low and have more money flowed towards their exploration [as opposed to administration].
It's obvious some investors agree with me as OVR is being accumulated these last couple of weeks. On a possible red day like today, i would see this happen again. We are at key turning points in OVR's exploration - development cycle...let us observe what happens next.
Is it too early for scotch?
OVR Price at posting:
29.0¢ Sentiment: LT Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)