Back into ARS...21 Jan 2021 10:25
I'm a very committed copper/gold/silver investor (holding SOLG, HOC, CEY, EQX, PAAS, GPM, ADT1)
I was formally invested here and frankly got bored waiting for something to happen...
Big mistake...
But like the rest of the world I'm constantly looking for prospective Tier 1 assets and...
Then I saw the sharp fall here...I've done the research and, as a result, bought back almost 500k at 3.0875...
The SP may fall further, but I invest for the long term, so...
ARS is not going bust...
Re BKM, either PT WIN will come through, in which case surely the SP will revert to at least 6p again, or they won't...
In which case the SP may slip further, but surely somebody like the Chinese would buy BKM, but anyhow...
We still have Beutong, which surely is a Tier 1 asset and its going nowhere...
I've been in SOLG a long time and made a lot of money but, its a waiting game there also...
The world is going to need huge amounts of copper...
Gold and silver are going to fly...
There are very few new major copper/gold/silver assets available and...
The major miners have a depleting mining resource, e.g. only an average of 9 years gold left to mine...
So in conclusion, I'm not ramping this...why bother...something will happen and I'm glad to be back...
If it falls further, I may add...
Thanks for reading and GLA