MCT 0.00% 0.2¢ metalicity limited

Why you are investing on MCT?

  1. 111 Posts.
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    Hi All,

    I consider myself as a fairly new investor on MCT (From Jun 2020) and am thinking to hold at least + 12 months more, but I am feeling a pain not (mainly) because that I am losing +40% of my MCT invest but mainly because of self-doubt that if my investment decision has been made on wrong rational.

    Every time emotions shaken my reason, I am trying to review my investment note that I’ve been writing about why I am investing on MCT, strategies, feelings etc. however beacuse of the recent SP movement + assays delaying, I must admit that I am losing self- confidence that I’ve made a right decision.

    So I think it would be good if we can share the fundamentals that made individuals to invest on MCT and review & validate together through a mannered communication in this thread.

    My rationales were pretty simple I guess

    In Macro perspective
    a) gold will rise (I am still bullish on this )

    In Company perspective
    a) Kookynie land has gold (from Historical and recent data)
    b) Management is good (checked most of available interview & podcast from Jason) and I personally think Jason is capable.
    c) MCT has continuously delivered great results (except the last 87 assays)
    d) had + balance at balance sheet
    e) had AB asset

    In Risk perspective
    a) I almost have no idea on mining/gold sector (especially junior company)
    b) Court issue in US (is dismissed recently!)
    c) AB asset is not selling (however I believe it can be sold as the court case dismissed)
    d) Farm in agreement is not officially signed until MCT spend 5M.
    e) What if the results were fluke?

    Happy to be corrected so please feel free to share your idea (let's keep manner)

    What makes you to invest in MCT?

    Thank you!

    Last edited by SCJH: 05/03/21
 
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