RE: Cheatham18 Apr 2023 01:23
Something folk should note too. Share prices do what share prices do especially between news. Sentiment dwains. Most don't have the patience on aim that's why. I have posted before saying about how long it actually takes these kind of companies to get going. A regular quarry 15 years in many cases so this will be quick by comparison. Patrick gets alot of flack as if he is doing nothing behind the scenes. This couldn't be further from the truth. Folk need to understand these businesses and how they develop and their time frames. I did at one stage spend quite some time to phone around similar companies in the industry trying to make contacts, dot I's, cross t's filling in as many blanks as I could. Difficult in a seemingly secretive industry but one thing I understood was patience was needed. The CMRC was a huge disappointment to Patrick I'm certain but he did the right thing knowing the demand increases, knowing we were the largest permitted play in Nevada and wasn't taking any nonsense. I respect it.
When nothing has changed but share price low, it's as Buffet says "undervalued" and Sres is on the floor. Frustrating for many I totally understand. I get that, I do understand frustrations but then again perhaps they should have been a little more astute at the time they made their investments. Now if in early days yes of course I understand the frustration. Industrials are easier than metals and always will be. Wise move imo.
I like Patrick because he doesn't pump the company, he's not like plenty of these other idiot CEOs promising fake deadlines and utter lies. So many of these types of CEOs about. He's a sincere man, he's a passionate geologist and I believe will get Sunrise over the line with industrials. I'm not telling anyone what to do or when to buy that's up to them but my goodness if you look down the line you have to know his price range won't be around forever. Apologies for rambling. Even Shelly I wish well and hope he sees sense. There is no other company I like more than Sunrise at present.
As ever DYOR