RE: UFO3 Nov 2022 08:07
Been following this site for some time now - one of the silent stalkers. Just wanted to add my thinking which is no secret formula and has been set out by others many times. DYOR and sift through the BS. Simply decide for yourself if this is a classic contrarian stock - personally, I do.
Of course there are potential downsides, apart from this being AIM and mining of course which is usually a marriage for disaster in itself. Current global squeeze, FED game play, fluctuating and difficult to predict ore prices, investors looking for easy and safe havens, those delightful short sellers, day traders (not with this spread lol) etc etc.
As others have said repeatedly, not for the faint hearted.
IMO, buy here if you haven’t (you know who you are :-)), or hold and enjoy the rise when (if?) it happens. There are too many positives here lately (for me) so it seems a pretty good gamble.
Many will have their own strategies so forge your own path but most important: DYOR, listen to all sides and your gut/head should tell you what suits best.
Thanks to all who post links and relevant info, and meh to those who spout doom and gloom without fact.