RE: 12 Mining Companies to follow in 2023 say @TMsreach31 Dec 2022 08:42
Interesting watch.
Doc: I just checked when I first invested in POW and it was actually back end of 2019 (then more heavily at the start of 2020 as GMF78 suggested this was a stock that was going to do incredibly well in the short to midterm future) so I’ve been invested longer than this guy Tray and have felt and shared much of the ‘pain’ PJ refers to.
What ever. I’ve been patient and simply wish some huge success for the company. I can then choose the time at which I exit. For now however, refusing to sell at a loss, means I’m a little bit trapped. If results from Molopo or Tati or anywhere are good then I’ll be happy to say my thank you’s and bid a fond farewell. Until that time comes I’m afraid I’ll feel free to express any concerns or doubts or indeed hopes and wishes I have for my investment here.
Fyi when the sp was at 1.5p recently my shares here were worth £136k. No one has to believe me. I don’t care. But I haven’t sold yet and whilst the sp keeps slipping lower I’m adding small amounts as and when I can as I DO think there is Going to be a significant turning point for POW. If being in my 4th year as a share holder I get a little twitchy and people, even the CEO, choose to label me impatient then that’s their problem. I’m confident I’ll get out at some point with a healthy profit here but right now, yes, I’m twitchy and impatient. 2022 has been an awful year for the stock market and really dreadful for many stocks on AIM so much of my portfolio has taken big hits but I’ll bide my time, grumpily and sometimes noisily, but I’ll do well with POW and especially now at less than 1.5p I think pis should feel confident of a a significant upturn here soon.
Molopo, Tati, Tungsten, Uranium…lots to think of for the future. If the wretched war could be brought to an end that inflection point in the metals markets PJ keeps referring to will be upon us in a flash and then the ‘transformational’ stuff for this company will happen. For now though it’s still a case of sit tight and keep my fingers well away from the sell button.