@Gibbazimo that's a pretty sophomoric postofc there's new shares...

@Gibbaz

imo that's a pretty sophomoric post

ofc there's new shares on 1:6 basis and there'll be heavy churn

ofc its a new pump and dump cycle - thats what every cap raise is in pre cashflow miners

this is happening in every 3rd driller/developer i follow atm

the key isnt about the pump and dump - thats a given

- its about whether your positioned right vs the metal price cycle so it can be a buy and hold - or whether its early so you need to trade

my judgement is that this is the last one - because gold is positioned to launch into December... indeed its already launched but its not yet a momo play

the risk here on b&h will be on mine execution - so the % may be to sell into March highs at the risk of successful execution leaving a seller behind

so much baggage on this thread. tells me risk reward skew is excellent. but there is still risk