RE: Off of AIM9 Jan 2021 17:19
Personally, regardless of the technical terms that separates both markets in my eyes is simply AIM is a riskier market with a history of foul play by many over the years and if any company is listed on AIM then expect unorthodox practises to take place especially with assets bases listed in the Africa’s and Asia’s.
There many obvious reasons like costs , regulations but no matter how good a story you must remember the level of risk you take with investment you make.
B2 Gokd leaving for me was a big blow but with RIO stepping in and also partnering Calibre it gives me real assurance that any political issues will not de-rail condors efforts although the company is very Pro-mining you just never know for sure that tax hikes, Royalty increases . Mining licence regulation change etc etc can be of detrimental effect for companies operating.
I think condor will drop Early next week but with gold holding above current support levels we should bounce towards end of the week. If gold falls below $1800 then it’s 40p and an excellent opportunity to add stock with a More or less certain 2-3 rns over the next 6-8 weeks making it a good return.
For me Gold price dictates stare prices and I would like the price to recover before any RNS because any gains we could get short term could simply get wiped out of gold falls lower from here.
Have a good weekend.
Se you all 8am Sharp Monday morning.