Who to trust?5 Aug 2020 21:51
It is hard to know who to trust these days.
We get buys reported as sells, late reporting, rampers and derampers changing their minds to suit their holdings, and the odd village idiot.
We are led to believe that folk fiddle the books, or that with full information choose to invest in crazy silver mines for no good reason. That terrorists roam the village , or carry their guns in canoes because it rains more than in Manchester.
We are expected to believe that this justifies a low market cap, or forget that gold is $2040.
Forget about building a gold mine with a second mill. Forget all about a second mine in a different country. Forget about Dugbe costing nothing whilst retaining 51%. Forget about Cora. Forget about our encouraging drill results. Forget about the 39p SP when gold was $1200 and Hummingbird was a brown field site with not an ounce poured.
Believe what you like, forget what you want to.
Personally I feel a rerate is well overdue, even without a dividend.