RE: Financing News22 Nov 2021 17:24
Rigrat this is without doubt a multi year hold.
The mining sector can be slow , getting the land is one thing , than you have to find a commodity , then work out the size of what your dealing with , more drills in-between each step to confirm results, we then need to find out how much we can mine at what cost and all the other details in a pfs.
Sure the s.p will react along the way but if you are getting concerned now then maybe this isn't the share for you.
The s.p to me right now is irrelevant, I'm investing in a company with many projects , all of which I consider very early stages , sure some are more advanced then others but all have a way to go yet before anything is mined.
I will top up to a holding I am happy with , sit back and see where we are in a few years time , I'm pretty confident 4 things will happen in that time with POW
1) some current projects would of been sold off
2) some more accusistions would of replaced the old ones with searching always on the go
3) a couple of very nice discoveries would of been made.
4) the s.p in a much better place then it is right now.
Of course this is only my opinion, my point I'm happy to wait, accumulate wait and accumulate.
In a world of mining patience is required , in a world of covid maybe a little bit more patience is on the agenda