RE: Calling the bottom10 Jul 2022 13:27
Hi steveiom.
The whole sector is down. I keep my eye on a few miners and all of them are rock bottom. Can it go any further. Im not sure, i think the mm,'s drop the s.p to try and drum up some trade. I think there has been a lot of short trading going on too. My thoughts are that if you believe in the fundamentals then surely we already have a lot of value in the present s.p. so if you wait, then very possibly you could miss out. I think that the stocks that will show a return by way of production growth and possible dividends at a later date, will be the first to recover. Its rarely a smooth affair either as fomo kicks in we will probably kangeroo hop all the way.