RE: Don't Panic Mr Mannering !20 Feb 2025 12:26
For those intending a LTH, this kind of price action is exactly what we want. It's much better to lose as many sellers as you can before you make the next move up, then to have them selling into that move. We've had a 500% rise in a matter of weeks, and need to let the early sellers out. In addition, we've likely had millions of warrants being cashed in, but cashing up the company at the same time.
PEPAS 1 has delivered this initial move into double figures. So now it's just a case of thinking about what kind of move from here might be delivered by ongoing drilling at PEPAS 1, drilling and PEPAS 2, drilling at El Pantano, and any other work the company might do in 2025. We are literally only 7 weeks into the year and still in Q1. So plenty of time and upside ahead of us here.
Next week will see the company step up its comms, get some more results, learn about forward plans, AND we will likely see gold hit 3000. So imho these are load up prices for those wanting to catch the next move up. Be thankful you have been given the opportunity. We are in for a fantastic year here and the best is yet to come imho. GLA