RE: hunniford3 Mar 2021 10:56
Cheers Trojan wise words, that is helpful.
Lethal as you know, there is no dead cert on mining explorers, I guess. All sentiment seems decent at the moment. I do like what I am seeing but a bad RNS would probably put us below 1p - 0.8p. If it did and you bought more before then where would that put you? I wouldn't be shafted at that price but it would hurt. Plus any funds I'd have to average down (should i want to) would just be going in now :o)
Then of course I would be lamenting about missing out on other opportunities that come up elsewhere afterwards because I'm stuck in this.
Some of the reasons I am investing:
- I like what I'm hearing from the CEO.
- they do have seem to have acquired some decent ground to explore
- It seems the exploration team are good and have stuck with the management through COVID
- CFO seems to pride himself on adding value and dealing with acquisitions, disposals etc
Tricky I'm getting a fixed quote at 1.33
I always do daft things like agonise at this level and then if it takes off start buying at 1.65 LOL
Will need to give this some thought though as I do have a decent amount holding.