The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Yeah I think 1-2 years before in the teens but that's normal it would appear if you took a mean across junior space if not quicker. The value for me keeps increasing at these prices. There is interesting chapter in the art of execution where he describes types of buyers , the hunter is someone who adds to their position if price drops and nothing has changed or good news and price remains same. I for one would like it to remain here for 2-3months so I can add to my ISA/. Just think about all the people at 0.85 that sold out because news was late or MAG was released . This is short term emotions in a month you will forget you even had
A mining stock with an investment horizon of 3-5 years? I’d be impressed if you can find many others that go much quicker than that. Anyone investing in any exploration company needs to realise you’re looking at a long period of high risk. Many will fall by the wayside, a few will make you massive returns.
The thing will Chris is that he’s never added any genuine substance and likely never will. Anyone can say ‘this is going nowhere’ but without something to back it up it’s as valid as saying ‘this will be £3 by Christmas’.
Very happy to wait, never expected immediate results. 20 targets to drill, make take some time/years. May take another 6months or more to have a better handle on what we have in Australia, would rather we concentrated our efforts there.
He's back !
WARNING:
Chris2 is a serial de-ramper who thinks it is sad that folk post regularly in a community of shareholders- yet also posts in that group even though he has no investment.
Chris the Bear. This is the year of the Metal Ox.
The Chinese are near. They buy what traders dump in fear.
Happyhaddock
Stop telling lies and listen to Bill interview
"Bill wouldn't give a time frame but it could be months before they get a drill rig to the Elizabeth Hill Silver Project."
I'm not one to plug other companies or be seen to cross ramp ... but the CEO of ECR simply took the decision to buy their own drill rig and fund their own small lab to avoid endless waiting... I don't think that "internal" results can be counted towards official resource estimates but there's much to be said for getting results back in 24-48hrs to plan drilling in a reactive manner and then send out material to an outside lab for formal confirmation of results. The alternative is to wait ages with a hired drill doing nothing, or keep drilling blindly with no knowledge of what was in the recent holes you've just drilled...
There is much speculation among ECR investors that a recent placement may be to fund buying a second drill rig, so clearly there is some merit in the approach... I'd certainly be curious to know BBG's views on such matters and if it is something UFO might look into?
Looks like the San Celso permit is taking a bit longer. They must be very confident they will get is since they wouldn't have purchased the Nueva Andromeda permit adjacent to it. Nueva Andromeda is too small to be an independent project and only works as an extension to San Celso.
But has upside2020 said, this is the benefit of having a diversified portfolio. We have plenty to get on with whilst we wait for the permit.
The magic is in the ground its not going anywhere
Happy to see you chris2 - Thanks for that max11 I will listen to bill again later to focus more
Bill wouldn't give a time frame but it could be mouths before they get a drill rig to the Elizabeth Hill Silver Project it might be good news but no good if its still in the ground
This share can triple within a week.
Due 2 big updates: Hanc ock drill results & Donovan 2 drill results.
Re-valuation & re-rate will follow.
3-5 years is what it will take to make money on this share.
Why some continue to post every 5 minutes is nothing short of sad.