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striker11

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26/01/22

10:53

Post #: 59137262
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Originally posted by straw_woods: ↑

Reads like a buy recommendation to me then. Not sure I understand why so salty over a 100% up with 100%+ gain still to come. If you believe what you just wrote here, why wouldn’t you be buying more, why talkdown an investment you believe in?

Patience is hard, I get it. Is frustrating when bouncing between being 1000% up to just 500% up after 3 years, but I myself am happy to be averaging up on each retrace. I can read these exchanges with a smile, knowing all the “crying” is just short termers who will sell out (with no or little gain) when we hit $2 again and quickly be replaced by the next swag who see their buying at $4 when the price retraces to $3 as having been swindled by management or cheated on the next CR by not being offered another $2k of shares at a 10% discount.

The lifecycle of any decision to mine is measured in years. In Estelle’s case, from what was a single drill hole with low g/t, is now a district with already almost 10m Oz in 3 years and decision to mine already baked into management incentives.

So by my count that is 7 years. I’ll take that, especially in such a remote and extreme environment as central Alaska. Only shame is others have missed out on taking the risk to invest 3 years ago and benefit from sitting calmly on many 100’s % gains. On the upside, the certainty is much better now and the market (the punters) appear to not understand or do not believe the story. For those that do, the return on investment appears greater than the risk to me, so I say take advantage of the current situation, however caused (consolidation, sentiment, last CR, global uncertainty) and selfishly invest in NVA to take advantage of those not as well informed or long sighted as you.

Happy days!

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Thanks for your feedback.

NVA Price at posting: 96.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 20.5¢		Change 0.000(0.00%)		Mkt cap ! $45.16M

Open	High	Low	Value	Volume
21.0¢	21.0¢	20.5¢	$10.67K	50.87K

Buyers (Bids)

No.	Vol.	Price($)
1	148666	20.5¢

Sellers (Offers)

Price($)	Vol.	No.
21.0¢	460	1

View Market Depth

No.	Vol.	Price($)
1	150000	0.205
1	15000	0.200
3	44778	0.190
3	86844	0.185
5	76890	0.180

Price($)	Vol.	No.
0.210	460	1
0.220	24816	2
0.225	30564	1
0.230	52238	2
0.235	6547	1

Last trade - 15.09pm 16/07/2024 (20 minute delay)

NVA (ASX) Chart

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