Brave Rookie - IMO this could go A LOT LOT further, epscially as those Reddit style retail sparkers are clearly now identifying European Hedge Funds - watch out ARCM :) But otherwise market totally overbought and was looking for catalyst to trigger a sell off GLA
Market overall is frothy and looking for reason for pullback PMO is bearing the brunt and i worry also about its investment and diversification into renewables - those not planning or entering such strategies seem to get penalised more than others. Any overall market correction now could see some big downslie for PMO - looking to get back in when that happens, a lot cheaper than this Kraken, SK still in ?
ThanksEurasia - the price of Ore is certainly one factor, that factor in itself also birngs attention to the presence of ZIOC This is established and fundamentally massive opportunity - there is no question it will get bought, or otherwise acquired.
Its not IF
It is most definately just a matter of WHEN
It WILL happen
My target is 25/26p short term, 125 medium term and 225 long term
all LTH's here know it, thats why we hold for hte pay day. Huge, high quality ore reserve -
continue to buy the dips - can see past few days someone accumulating with similar large buys - generally how it works on AIM, people in the know build a sizeable holding slowly and quietly almost without anyone noticing and then all hell breaks lose.
I for one, do not want to be out of this when this does go
I think only way is up from here - realistically, Chrysaour will want this bolstered not deflated - its all a game, price in and we will be the last to find out where it is going and what they want - it will be played the way they want