No doubt some have seen these cycle charts before but they demonstrate an interesting comparison - PLV - CDU and SFR have all made the transformation from explorer to miner ( cdu construction phase )
CDU and PLV have mirrored the normal path where the biggest gain is in the early exploration phase - CDU got to $10 PLV to $2.50 in the space of one or 2 years. - Then reality kicks in and long orphan phase begins - CDU currently low $3.s PLV 23c
SFR has been the exception pretty much continued to rise from discovery to production and is now falling away as becomes aligned to the copper price and mine reserve depletion.
SIR is the current market exploration darling touching $1b market cap recently- For me personally I have learnt a big lesson - No more holding explorers past early mover days- Im out as they fall down the hill from the explorer spike into the orphan parse- The Risk doesn't equal the reward for mine - nothing stock specific to PLV in taht statement.
HOOt
No doubt some have seen these cycle charts before but they...
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