@mirren I imagine you could broadly apply the mine cycle chart...

  1. 46,671 Posts.
    lightbulb Created with Sketch. 8804
    @mirren

    I imagine you could broadly apply the mine cycle chart to the pot companies given the red tape approval phase of both - not sure the production phase is the same as building mines requires a shipload of $$ - Cudeco burned $700m and still haven't got the plant to nameplate capacity- The S/P got to $10 in the explorer phase and now in production its 30c

    TAW is another one that is mirroring PLS - AVZ scares me as I was sworn of sovereign risk companies a decade ago with HDR - I endured 2 military coups in Mauritania and the corruption in Uganda holding that stock - leave me out the DRC I am not that brave.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.