RE: Congratulations!4 Mar 2025 15:31
You know enough to avoid mining, LOL
Half baked reply.
The rest of your posts could be summarised as "I'm right, your wrong, nanana"
Your an emotion based investor peed off for investing at the all time high.
Why did I invest? Because I appreciated the AUO investment setup with Q u intons backing which would mean no more crippling public offerings to pay for working capital. The marlet liked that too. See prem for an example of what can go wrong. I could list 10 other such examples where brochures and PR were used to nurse a share price through countless placings instead of the hard work approach with a single financial backer, a solid strategy and careful spending.
I read reports on the opex and cost breakdown for operating Blesberg. Even at $750/t SC, the project is still viable, and that's without byproducts. I appreciated that it hadn't been drilled but the stock piles alone would cover all Capex several times over which hedged the risk further in my mind. The fact it isn't producing yet doesn't alarm me as it now has a more profitable future with land holdings 10x larger and a larger suite of minerals. Delayed a year but suddenly worth a lot more. Fine with me.
I also liked Kinusi. Samples of 20%+ copper are in that 1% to 3%, and near surface. That mine was already running to so already proven able to generate a profit.
Do i regret investing at 14p? No, because I only invested what I could afford to lose. Higher average than i would like but just means a 1500% gain in a few years instead of a 3000% gain. Would you rather have a mansion or a castle? Who cares, you have a mansion
I invested knowing that a miner can face a year or two delay and the share price can crash 75% before recovering. I continue to believe and have been averaging down.
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