RE: Buy in now29 Dec 2019 11:37
Fellow speculators, rampers, derampers and idiots who have no idea what they are doing, if my below post was not enough for you to jump in in the coming days and weeks while you can, let's compare TSI's criteria for investing in a junior mining stock to our dear Rockfire:
1. Avoid companies mining in politically unstable areas - TICK
2. Prefer companies operating in areas with geology similar to nearby producing mines - TICK
3. Well financed companies with no need to immediately sell stock - TICK thanks to the warrants
4. Companies with low debt and strong finance sheets - TICK
5. Positive cash flow - not at this stage yet but soon to be
6. Cash flow from an existing mine - again not at this stage yet but soon to be
7. Do not operate in hostile areas eg the Artic - TICK
8. Avoid companies with unsustainable high prices due to investor mania - TICK
9. High average daily volume - TICK especially in recent times
10. Compare the market cap vs estimated value of mineral resource in the ground, very roughly market cap should be at most half the value of mineral assets- TICK TICK and TICK
Rock is massively undervalued by many many multiples if one were to use this methodology, soon we will be looking back and laughing at how cheap this was, see my below post, now awaiting the combination of a positive RNS and low volume warrants for this to catapult, DYOR