Good Long-Term Opportunity23 Jul 2021 11:02
I'm heavily underwater here like many others and have reviewed it in great detail, in order to decide whether or not I should pull the pin on my investment here. I've decided to CONTINUE HOLDING. I will consider adding after good news on the plan.
My Rationale:
- I believe in healthy long-term copper prices.
- Ming has extraordinary grades of copper.
- Rambler is financed for the turn-around.
- While performance has been poor so far, I'm positive about the medium<-->long-term outlook. In 6-12m time, with EV's continuing to gain traction and with the mine plan progressing, I believe this will recover.
- In the event that they get bought out, I see the assets providing a buffer to the current share price. From what I see, Little Deer alone more than support the share price.
Good luck!
I rarely post. I use boards to gauge sentiment rather than to contribute.