RE: Cascabel Copper resource accounts for 20% of all resources found between 2012 - 202118 May 2024 16:46
That's the fundamental misunderstanding that rampers here have, cov, and it's worse in Solg than other stocks where bulls and bears can discuss things sensibly. The scuba divers here who talk about ridiculous 55p buy outs (or, hilariously, £1.20 as a 13x multiple!!) think it is 'bashing' to point out that we don't have much cash, we've had to take an emergency loan, the SP is the lowest it's been in years and, despite the company's claims, there is no evidence to suggest we have a viable next step yet. These things are just... True. Not bashing. Reality.
For those struggling to balance the pros and cons, look to the market and large scale investors. Based on recent news, are they buying? Do they think recent developments are positive? The SP is down, so it doesn't look like it. Then consider- do the desperate posters on this BB know more than the big investors? Uh... No.
Hope that helps 👍