I think a bit of doubt is healthy.
It's a company after-all, not a best friend (for most of us at least).
I've been holding for ~2 years now, but it's still prudent to resist falling in-love and being blindsided.
That said I have faith and a positive outlook on the current drilling operation.
But I just wanted to touch on the no news good news hypothesis- I don't think it applies as much to small caps like SGQ, especially at a time when drilling is being conducted 24/7.
We're not a perpetual self-funded operation, nor are we a dividend paying organisation, which in my mind would be the cases when no news would indicate business as usual and be a good thing.
We don't want business as usual, we want to hit the jackpot. For most small cap and speculative operations no news is not good news.
But I don't think enough time has elapsed for me to claim no news yet.
Just hold on to your hats people, if you have faith in the company then go do something else while they unearth the motherload we're all hoping for.
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Price($) | Vol. | No. |
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