ESR 0.00% 0.4¢ estrella resources limited

ESR General Chat, page-86

  1. 436 Posts.
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    Price targets I’ve found to be useful it gives you an idea on when youre selling for medium term investments. I usually relate this to market cap on what previous companies have done with factors including

    -top-20 holders (To identify potential takeovers)

    -managements history (inc how they treat the shareholder, success and background)

    -the project

    - is it an explorer with production history

    these usually also contribute to both should I invest or should I not. However when I came into this it was a 9mil market cap so realistically it was low risk in this environment when ESR were hitting disseminated sulphides.

    the hype that comes along is cyclinic in explorer specs so there’s usually opportunity for those who brought at higher levels to escape if they have the patience as long as it isn’t killed by dilution, but I’m sure you know this.

    unpopular opinion here: I do however believe we are on the cusp of a CR possibly coming early next year. Especially with the amount of facilities put in. Although the oppies are there if they fall out of strike this is inevitable.

    let’s see what pops up.
 
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