some were on here wanting a quick buck and thought when production started the sp would go north, but as rightly mentioned by the previous poster most of these companies take several months to iron out the bugs once that happens and the quarterlies start showing a revenue stream greater than OPEX the institiutions start buying in.
OMH went from 1.00 to 16 cents and is now back at 2.10 all because shareholders got impatient.
I bought on the dips and am sitting nicely I feel the same with AZC but this is a better run mining operation than OMH
(OMH has a better corporate structure though)
I can name another 3 miners we have done the same with bought MGX at 17 cents now what is around 270
ZIM at 1.05 now around $15
Anvil at 11 cents now guessing $14.00 (but there was a share consolidation)
CSM bought 53 cents now $4.50
I feel there are a lot if impatient fools and it is easy to get swept up in their naval gazing.
But do your own research I got it wrong on FMG
Add to My Watchlist
What is My Watchlist?