SOR 6.00% 4.7¢ strategic elements limited

Woah haven't been back here in a while, its really sad to see...

  1. 229 Posts.
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    Woah haven't been back here in a while, its really sad to see the forum descent into a bipolar slingfest. Just CHILL. Too much obsession with short term price movements. This is a high risk company its always going to be volatile if you aren't prepared for that you really should just go and invest in a blue chip stock. On this one the strategy is pretty simple, just chip in every now and then. If you look long term you want to be holding a decent portion once they commercialise something and collect some tax free dividends. 5-10 years from now. If it drops 50% you chip in a little more, just DCA. Let the day traders do their triangles, trend lines, shoulders and all that other rubbish and don't get suckered in.

    On a more analysis note, do any of you know if there was any silver in the the golden blocks? I couldn't find any indications in the drill results see here: https://www.asx.com.au/asxpdf/20180918/pdf/43yfcbz6yppw1d.pdf, but I couldn't work out whether that was because there wasn't any or just that they were concentrating on the gold content. They say the mineralisation is Palaeozoic quartz reefs, from what I could work out only the North Island deposits also had silver https://teara.govt.nz/en/map/8458/new-zealands-goldfields? Has anyone looked into this in more detail, I'm looking at you @Surandy70
 
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4.7¢
Change
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Mkt cap ! $21.00M
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5.0¢ 5.0¢ 4.7¢ $709 14.45K

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Last trade - 15.57pm 21/06/2024 (20 minute delay) ?
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