RE: Kavango Resources29 Nov 2021 20:53
Felix,
To be honest I don't really pay that much attention to the charts, I suppose it all depends upon whether your looking to invest long term or trade, and I think there's much better trading shares than this one!
The whole mining sector has taken a "bit of a bashing" since last Christmas and POW has been dragged down like many others, and at the end of the day it all comes down to "do you think one or more of these projects is going to produce results"????
I happen to believe it will, I have said it before and I will say it again PJ is not daft, he has plenty of mining history with good contacts and he currently has 75,000,000 shares in POW, yes he has a low average but he has bought at market prices and I cannot believe he would have invested £500,000+ of his own cash if he didn't believe that he was going to get a result.
There is a load of information on the projects out there to read.
I personally wouldn't go "all in" here, in fact I wouldn't do that on any share, but I have taken a position which I will increase as my finances allow.
If you want to "trade" a share there's plenty on AIM, and the ftse100 that bounce up and down like a wh0res draws which would be better bets!