Been trading for a few decades Drugo. Bluechip, Greenchip and...

First 62 Last

Share
Profile

Follow
treefeller

878 Posts.

244

22/02/21

21:47

Post #: 51228957
Share

Originally posted by Drugo: ↑

You can not rely upon charts for a junior gold producer/Explorer. Totally out of the question.
It takes investment. They are not Boeing or Apple.
That is why a lot of IT Co. are private for a number of years.
As chartists and shareholders would bury them over that time but pay 20 times more later.
BLK shareholders are bailing.
No significant shareholder reduction notice yet.
Up to you, chase the trade on Bitcoin or hold on.
I think the $40 mill. debt is still in the bag, which is the advantage of having major shareholders.
Gold is not the investment of choice right now.
I looked at gold shares when gold hit $2,200 US. Virtually no reaction form stocks accordingly.
Soon is when you buy and get gob smacking returns (wmx down 30%. NST etc) as the same clowns who sold want to get back in at some time in the future and I am not talking years.

Expand

Been trading for a few decades Drugo. Bluechip, Greenchip and pennies (BLK) and always I check the chart.
See that Head and Shoulders back in 2016 on your 5 year - that's where I bailed from BLK - prior to the consolidation. Been unstable and heading down since so have not got back in.

WMX Price at posting: $1.13 Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

PAR

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

SRL

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

MVF

Monash IVF shares cater 25% – Disaster or deep-value play?

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

OCC

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

RMX

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

First 62 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Been trading for a few decades Drugo. Bluechip, Greenchip and...

Top Stories

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

Australia’s gas crisis is here – and dying coal plants aren’t helping

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Monash IVF shares cater 25% – Disaster or deep-value play?

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

Featured News