Morning all8 May 2021 10:47
Morning all,
Some very valid points from DJ and others, and as rightly pointed out we are all responsible for our own investments.
For me this is a longer term hold, rather than day trade or quick flip. Like others i was sitting on a sizeable profit only a few days ago, now significantly smaller,
but I am chilled, imo this will reward people who are prepared to wait, we remain priced as an explorer, remember that, but have a producing mine with significant high grade deposits in the ground, unlike an explorer that hopes to strike a rich vain be it oil, mineral etc and will tap up its shareholders on a regular basis,
For me it was very plain to see that some kind of JV or similar is coming and talks may have been going on for many weeks or months, if not why mention it in a Q1 update. I believe it is to condition us so its not a surprise, but of course i may be wrong, only the BOD and a few others will know....
And finally look at Caerus Minerals, a recent JV with Jubilee metals to initially sort through mineral dumps in Cyprus, yes mineral dumps, because mineral prices makes it viable, given they are a smaller cap than ours but saw a good SP rise off the back of this.... so for me its sit on my hands and imo in Q1 2022 come back to a SP that will have increased significantly... but DYOR.... now back to chilling...