RE: No News... does not mean bad news6 Jun 2023 10:43
RB@Balboa
You are an odd fellow for sure, your views seem to change with the weather.
My personal view is that as with most AIM stocks, KOD carries generally more risk than 'main market' stocks, but also the potential for a bigger reward over a relatively short timeframe. Given that information strongly suggests a large company is set on being involved in a joint venture with KOD, I think that KOD is less risky than most AIM stocks. While I am no expert on investing in junior miners/explorers, I can make reasonable assumptions based on the actions of highly professional people who seem to have determined that KOD is a worthwhile and potentially profitable partner. I have no doubt that those professionals have access to far more information than I, and far greater skills in predicting what that information means. Big companies like KODs potential partner do not become big by routinely making uniformed bad decisions. While I may not have the knowledge and skills in many sectors, I do have the ability to make good use of the knowledge and skills of others, and make reasonable assumptions.
I do not know how big or successful KOD will become, but I do strongly believe I will see a good return on my £92k investment.
I am certainly not suggesting that anyone should invest in KOD. Stocks like KOD require a huge amount of faith, and belief in ones own assesment of the stock, otherwise its very likely an investor will sell at an inappropriate time and sustain losses, based on short term falls or rumor. I would add that no matter how much an investor believes in any one stock, its foolhardy not to spread risk accross other sectors.