RE: I'm genuinely baffled28 Jan 2021 13:35
I can understand the view from people that the shareprice hasn't done huge amounts for a long time here, but its a junior explorer and so its done well to not fall consistently raising exploration capital etc. Its the nature of the beast. It is fair to say the price hasn't done much and has been pretty much ranged for many years. That said, it doesn't mean the project isn't valid and wont get attributed its fair value in time.
Fulmar, personally I'm ignoring the March fall and subsequent rise back as while it shows a strong trend that could have been taken advantage of, that's more based on the macro environment / pandemic that was observed across most stocks. That said we have obviously more recently rightly gone higher on ARCM specific sentiment, and deservedly so.
Its not about 'jam tomorrow' or any other nonsense phrases that get banded around on these boards . You either believe in a co/project or not. Its binary. If you believe buy and hold, or wait then buy. If you don't then sell.
The trouble is that investors who lose capital like China etc feel the need to blame others, or the company, rather than themselves and trying to learn what they could have done differently.
Personally I have held here at various times and kept an eye on the co & projects as I find them compelling. The recent disposal of non core assets, AA coming back, the history of tenements we hold, the bullish outlook for electrification metals (particularly Copper) is why i've now decided to rebuild a much higher position than Id ever had.
I may be wrong and lose a large part of my capital but I've done my research, timed the re-entry over the last several months and will hold come what may while this unfolds. If I am wrong I will own my own decision and not blame the company or anyone else for it.
If like some on here I didn't believe in the project or the company I dont see the point in maintaining a position. Just doesnt make any sense to me. But hey ho.
IMO its a case of ignore the price action unless anything fundamentally has changed in the reason you invested.
Anyway, thats my two pence worth lol. GLA
ATB