@turbo just a bit of fun , amazing what massive compounding can do haha. I'd be out day 14.
Just shows you though that ok doesn't need to be day after each other but you only need 10 odd big day gains . I guess this is the logic behind not trying to time the market
Overall, a decent day: 36%! Let's see if something was leaked this week or if capital is flowing back into PMs. For a bit of fun, let's say we got 36% every day. Look, how many days would it take for your target?
Day 1: 0.17
Day 2: 0.2312
Day 3: 0.3144
Day 4: 0.4276
Day 5: 0.5816
Day 6: 0.7909
Day 7: 1.0757
Day 8: 1.4629
Day 9: 1.9896
Day 10: 2.7058
Day 11: 3.6799
Day 12: 5.0047
Day 13: 6.8064
Day 14: 9.2567
Day 15: 12.5891
Day 16: 17.1211
Day 17: 23.2847
Day 18: 31.6673
Day 19: 43.0675
Day 20: 58.5717
Lyndon , what % id like to keep on a JV? I would like to keep a majority of the DSO project so >50% because its easy to get going but with EH/munni munnu I am happy to be a minority holder . These silver/PGM mines take insane capital to get going ( although we already have a mining license for EH which is massive time saver). % of something is better than % of 0 .
Yeah I think they stopped mining at $5 which is just insane to think it ever was that low. The problem now is the costs to get it up and running again and to drill around it more to get a better understanding of size. I assume they where mining all the obviously ore /easiest to get at first.
Honestly I think it needs a 10milliom drill campaign with 100 holes to really see what we have
Lydon I'd love to mine the EH ourself but the board have already highlighted we aren't miners . I am also concerned that by the time we get any DSO profit the hype behind silver may be over. But I still expect like €40 silver going forward but let's say it goes up to $80 and there is hype wouldn't that be the best time to get a JV partner .
norm i agree this board needs to appoint a real ceo soon. they need to push the pgm/silver narrative in the background while silver is the in thing. look to get a jv for the silver, as we are never mining this on our own, in my opinion. in the background, the hann**** paperwork should be finalised. momentum is a real thing which you cannot waste in this game.
Moon, I enjoy your commentary on the board; it's entertaining, but I don't believe you have any insider knowledge. Today's SP rise is probably because of a number of events, including Silver's performance... Interestingly, we are above the 200MA, which hopefully triggers some capital flows into us if there are any PM algos out there.
@sinter its hard being patient , part of the problem is when the leadership is subpar it has a compounding effect. If you have good leadership skills, which are clear about timelines and strategy, then it's a lot easier to sleep at night. Many still don't know why so many CEOs come and go. It could just be random and no real reason but given time the mind wanders to the worst ideas that something bigger is afoot.
Bfd yeah its my take that there is now no hurdles to overcome other than government sign up/paper work exercise. Someone correct me if I am wrong... but expect "buy the rumour, sell news" . still what an amazing entry price if it comes along with a JV
Moon you can be excited about silver but I think you should clarify nothing about your excitement is directly related to any meetings or knowledge on ufo. I think people would appreciate you stating this otherwise its misleading. Just say your excited about another bull run in silver and what that could mean here
Well, with the development of AI, it will be more impossible to determine who is real and develop strategies which work. To the point where most of us will be better off just investing in an index which goes up directly as inflation goes up, and alpha will disappear.
I think its quite easy to make comments on a board. If you have your phone and bored and want a company/stock to do well its only natural your going to make comments . I wouldnt hold the volume of comments against anymore as much as the quality..