Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Great Skype by LR.... I think the more he can reiterate that the goal is “CALM” and steady growth SP, the more PI’s will understand the long term game.
Less schizophrenia by share holders... whoops sorry..... less of the crazy ups and downs (hahaha) by panicked share holders buying into speculation about GOLD... etc
LR’s “schizophrenia” comment let’s ya know he is human just like everyone else!! By into facts and you can’t go wrong....
Still fantastic progress by EUZ and looking forward to the JORC update in 2 weeks.
It’s a no brainer that more drilling is now needed.
IMO - EUZ was always going to be neutral hype regardless of the assay results as LR has mentioned their goal is a much more stable SP and over excitement and hype on RnS would only do the opposite...
These results are FANTASTIC & any opinions contrary to this stem from naivety or ignorance.
Hold strong fellow SH’rs.... good things come to those who wait
IMO the concept of “investing” does not apply here or in any junior exploration company such as EUZ.
This is gambling with an edge, the edge being the knowledge of positive results and knowledge of managements history..... which makes what we do here in this space “speculating”.
As long as you’re comfortable with the fact that any slice of this pie is speculative at best.
We are all speculating a positive outcome off the info we know. This certainly isn’t investing and if it’s “safe dividend investment” you’re after.... then you should definitely sell and put your money to work is 5% FF dividend sustainable consistent companies as you will sleep a hell of a lot better and enjoy life much more if your risk tolerances are that way inclined. There is nothing wrong with that and Berkshire Hathaway has proved it.
Junior ex speculation is for the risk tolerant or more aggressive risk profiles who can withstand the potential risk (which is as real as the potential reward). It all comes down to self awareness of you as an individual running your own race.
Come to your own conclusions based on your own interpretation of the facts and info delivered.
Chat forums are fantastic and what you will find is people rent to comment on their interpretation to in many ways convince themselves and make themselves feel safer and more confident about their own decisions. There’s nothing wrong with that at all but be mindful that other people’s opinions are just that “other people’s opinions” just as my post is here.
My best advice would be to either sell and get a good nights sleep or take a vacation from chart watching and come back in a week and again a week after that to check in the progress.
Either way your decision needs to be made with the results that are in front of you at the time without the mind pressure of where the SP was 2 weeks ago or where it could potentially be in 2 weeks.
A profit is only a profit of its taken and a loss is only a loss if it’s taken.
Run your own race and be prepared to live with it.
Live and die by your own sword.
Cheers
The TOD23D is a great result... the wedge was drilled without a hitch and Azimuth On target without deviation which on 500m hole is incredibly difficult.... so to achieve this at 750m is an outstanding job.
Roughly 25m of core sent for testing, from a wedge hole is fantastic and speaks volumes in confidence.
As always there will be ignorance and naivety however no one can argue with the facts and results to date. The SP will respond.
It’s only a loss if you panic and sell at a loss.
Hang in there folks..... this is a good news elephant ????
Make smart decisions ??