RE: Desperation6 Jun 2018 20:42
prospector,
Many small investors still need to bring average down after being caught out by the old hype/Newmont pull out albeit temporary?.
Steady small purchases in a rising market go a way towards this without the risk of a large investment. For some it is once bitten, twice shy. And who's to say that with all this anticipation of results being priced in, the firsr/second/third drill result (if reported separately) may disappoint the market if results not as expected leading to a temporary fairly significant fall.
Ok, If rise was based on leaks probably no need to worry but we know GH can oversee a tight ship as he proved in negotiations with Newmont so do not bank on leaks.
It is gratifying that we have upwards movement and this will, I hope, be backed up by results at last and I do hope it turns out very good for all LTH and indeed for all GGP investors. Heres Hoping. GLA