daisan if we debated the actual activites then that will take all of about 2 seconds as nothing of any worth has happened here since san jose disappeared which was around 18 months ago. in those 18 months can you tell me what has happened? as fiesta says this lot appear to be just clutching at straws. williams says we have all these acres of land with silver potential well it seems to have that much potential that we are now going into lithium. we probably would have made more money the last 18 months if this land was loaded with coal lol or better still grow a wheat crop on it. sorry to sound negative but williams does not inspire me one bit and i rekon ive got 2 hopes of seeing my money back being invested here and thats bob hope and no hope and bob hope has just left town :-(
In what way has the silver mine gone belly up? I suspect that the tailings project is not going to happen (I have never seen testing take this long and lead to a successful outcome) but results of the grab samples at La Africana were only reported in February. This surely suggests that they are still progressing silver opportunities, particularly as the results were pretty positive.
I lost out on AGQ previously when JW managed to screw the mining operation up and view his activities with a healthy degree of scepticism. But let's debate the actual activities rather than lament the lost money.
I have no problems with people guessing 0.5p or 5p as price targets. The problem I have is saying that this 'should be'. The price is for the market to decide. If it likes the news coming in (whether that be lithium or silver) then it will rise, otherwise it will fall.
So, yes, the statement was nonsense. But equally a statement saying it should be 5p is also nonsense.
good post fiesta finally we have someone talking a bit of common sense. as i said before with 1million dollars in the bank we will be lucky if we could afford the local jewellery shop let alone find a mine loaded with silver. now the hunt for a silver mine appears to have gone belly up we have now turned our attention to lithium. i rekon i have got more chance of walking on the moon then seeing my 30p break even again.
Nonsense? Nope just a guess like all those "guessing"2P, 3p and the like. The only difference is that .8p is pretty much bang on what the market thinks regardless of how much silver, lithium, or whatever they'll be chasing tomorrow there is in the ground.
As i've said so many times this is a relatively small bank balance trying to "find" a business rather than a business trying to beef up it's bank balance.
It is far easier (if you have a good business) to find funding than to use the funds ypu have to build a business from scratch. JW is personally doing nicely from AGQ. How are those who ramp this stock doing?
Sit back and if you have to, buy in from 5p if it ever gets there.
The share price should be where the market prices it. If that is 0.8p or 1.8p, so be it. If you wish to come up with some form of valuation mechanism, great, but just saying it 'should be 0.8p' is nonsense.
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