RE: Comms24 Feb 2021 14:38
gambitxjs, Pdub, 1210, Sanchez, and others,
I completely agree with you all. Too many people here seem desperate to clutch onto anything negative they can get their hands on. They then complain without any sense of irony about sentiment not being what it should for a green vanadium mining company producing tons of vanadium, with solid plans to produce much more, whilst Vanadium commodity prices are soaring, etc.
Yes the company communications are poor. I cannot argue with that. But how often have we had it where nothing appears to be happening, everyone is getting increasingly frustrated, and then something jaw-droppingly amazing happens? That's happened repeatedly with Bushveld.
I remember people saying they've had enough and selling up in Jan-March 2017 where the share price fell from 3.1p to 2.7p ... literally just before it re-rated to 8p. It then stubbornly stayed at that level for 11 months, causing many more people to sell around 8p .... before then re-rating to 28p-48p in the months that followed.
And it feels like the same thing here, there's some crazy people selling sub 20p because they've had enough, when I am convinced we're on the cusp of most incredible re-rate to 50p, 100p, and possibly much higher.
Bushie is not an easy. It never has been to be honest. But, if you can block out the noise, the derampers, the doom & gloom, and if you can accept the communication from the company will probably never be that good, you will make a hell of a lot of money in the next few months and years. It's as simple as that.
And actually we truly are on the cusp of the most transformational news with Eskom, and Vanadium as a commodity is on a major bull run that's only just begun.
So I would encourage everyone not to obsess over the small stuff like Abengoa or whatever other irrelevant or peripheral thing comes next, and instead focus on the bigger picture.
Otherwise you will simply drive yourself mad in the process and may end up making the mistake of getting off the rocket just before it takes off!
DYOR & GLA