Thanks Minerva, I suspect that they possibly don't produce all the different grades by choice, but they do sell various grades to various customers, including the 99.99% grade, which is completely at odds with what Joe Lowry and some other detractors are saying here. And you know what, if I have an order for a certain tonnage at 95% grade, I'm going to supply 95% grade, not the premium stuff! I'm not going to knock back the order either, if the price is right.
Buying on the way down may be a bit dumb, but it's worked for me before. Selling is the problem for me. This time I'm steeling myself for selling at around the $7 to $8 mark. Let's chat again in a few year's time.
ORE Price at posting:
$3.32 Sentiment: Buy Disclosure: Held