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You may panic if you are expecting instant results...if you belong to the Millennial generation.... :)
This is taking a bit longer though.... Quality takes time and I suspect the "package" is being prepared for a serious buyer.
I don't know is the honest answer. Haven't posted so much in my life - must get some work done - GLA investors!
10 - mate, you need to sell your shares now and relax a bit. You can always buy back in after the first bit of news drops, even if at a higher price, you'd have confirmation of where this is going. There are people here who've been 90% down and they remain steadfast. Your choice of course.
Sorry should have said that is definitely not advice. We don't know how LR will manage the newsflow of results. Certainly the more deadpan presentation of 023D drilling samples without the encouraging video snippets has caused jitters. Feels like something has changed and EUZ aren't giving so much away this time. Could be a very good sign (or not) does that help? :))
Is it fair to say you don’t believe the share price will drop much further then prior to news?
You are quite at liberty to panic if you wish, it's a free country. It is after all difficult to see what news could be imminent, the broker note probably won't drop as it would make more sense after results. Something could come left field like an offer, I'm sure EUZ have already been in discussions and a possible buyer may have seen enough.
Thanks for the reply Shedulike problem is I don’t want my stop loss getting triggered I can’t say what it is exactly due to rules etc but I expect a lot of investors could be in a similar situation. Based on this I can’t help thinking that no news is bad news and that the stop losses will get triggered and eventually trigger mine back to the 0.01 levels again. What is your opinion of the situation?
Cheers again
It's a tough call as we just don't know how the newsflow will pan out. I'm certainly not selling any but wondering about when to top up. Will we get results dripped out to support the SP or will it all be collated together in which case the SP might drift on down perhaps until late Sep even early Oct. The lack of substantive media after 023D suggests it could be radio silence but I honestly don't know, bit of a quandary really.
Why shouldn’t I panic? Ideal if any of you could tell me positive news related to EUZ is coming by the end of the week and also provide an explanation why.
Cheers
watch for opportunity
https://uk.tradingview.com/chart/EUZ/4lvhnmlK-keeping-a-watch-for-another-opp-in-future-strong-support/
Expect MM can push SP up - at some point
Technicals say BUY
https://uk.tradingview.com/symbols/LSE-EUZ/
The last 2 times I took their advice have been RIGHT
imho - dyor
Thank you will do
Deez.... No need for panic. IMO this share is far under valued. Hold and if possible buy more at 1c.
but dont panic sell - i get days like that then i take a step back look at RNS , evidence etc the anxiety drops - just a natural human reaction to panic/worry- go by your gut feeling
Asking for financial advice on a bulletin board, seriously? If you're scared I would sell and put your mind at rest.
Bricks is der still hope for us to get paid special dividend ?
If so what do u estimate the amount to be ....The SA market is so volatile atm. I'm getting scared holding on to my 20mil shares... I now have made a profit and thinking of seriously selling your posts is what is making hold on longer... Advise me please I'm new to this game?
Difficult to see what is going to stop this to be honest except news. They must at least have assay results for 022 by now but I wonder if they'll want to collate everything together before reporting. There was that imminent broker note but again might that be on hold until full results? Bit testing this.
I did follow him for a while but no connection. I was into c/w for years but investing became my music. You change as you get older. For years i liked Johnny Cash and Gordon Lightfoot. Current favourite Bruce Springsteen. gl
App', are you Garth Brooks? That little ditty has country music written all over it! ;-)
I was 27 yrs old when i first made my investing debut in a crooked company run by discredited Asil Nadir. Seeing my investment double, i panic sold Control Securities at a handsome profit. Had i hung on for another week i would have lost the lot. Six months later he was investigated and skipped the country in exile.
30 yrs later he returned to UK to face the music. On a wetand windy sunny Friday i had just escaped the turmoil of the 1987 stock market crash' My original investments i managed to claw back before i would have lost the lot.
Looking up into the sky the big storm 'The Wind of Change' was building, yet i saw the most beautiful of rainbows. I was 30 yrs old when i first found out, you can't catch the bug'gers ?
They’ve just opened the spread really wanting you to sell ask hasn’t changed
Folks were paying over 0.07 for this a few days ago and nothing negative has occurred.
Big value now imo.
Current phase of drilling complete and awaiting sample test results.
Funding for next phase?
..... going doolally again.