100 baggers17 Jul 2021 15:25
IMO this will become close to 100 bagger stock, it is high profit, high cash generative low p/e microcap stock,very low debt, high cash balance sheet, low capex costs. with scalabilty.
espcially its copper, and with copper forecast to reach $20,000 in the next 5 to 10 yrs, it means good earnings and cashflow.
the copper projects have 20 yrs i beleive i read somewhere lifespan. that is plenty of time to becoem 100 bagger stock.
100 baggers have twin engiens , eg they p/e ratio and the ROI rate. both join together, the key is a low p/e starting ratio, invesors then increase this ratio as they buy into the stock and together with the reinvested profits, this is what cause the 100 fold share price rise. profits can clibe 20 fold, but if p/e ratio goes up 5 fold, that gives a 100 bagger faster.
Plus , almost all 100 baggers have had directors alingned interests with shareholders, eg a large stake, directors here own 8% of the stock!.
also in the process of getting a 100 bagger you must be prepared to experience share price volatity, daily, weekly, monthly. and sit tight.