RE: POW3 Feb 2024 09:53
I am gradually learning the game with these miners, is a slow process over years. Need to try and time things right to be in for the spikes on drilling and out for the raises and dilution. Spikes and troughs. Explode on discovery and back down again. Explode on DFS and back down again. Spiking on results, signs of JV, resource upgrades. And a long final lull whilst everything gets built before exploding fully with the institutions piling in for production.
So trade trade trade and if you love it plenty of chances to get on a free ride before the final production boom of the Lassonde curve lol
Kod is in that most boring bit everything lined up ready for mine to be built. Hard to stay invested when everything is boring and stagnant for months. But still hoping for a few spikes as they are drilling to expand the resources and hopefully we get some mention of the gold fields this year. Mine estimated to be completed and in production end 2024, I think that's is pretty optimistic and personally expect timelines to slip and is more likely to be Q1 or even Q2 2025. Would not complain if it was this year though🤣
ALL is pretty much there too, still looking for some offtake partners. lull before the mine build which is due to be starting construction by end of year and production in 2025. So in the boring bit before the final push - however still expecting some spikes on resource upgrades as they are still drilling - and of course continued takeover attempts, 2 have been rejected already.
ALL latest webinar from Thursday - is a long watch though lol
https://www.youtube.com/watch?v=nlysbSpJeSo