Morning all17 Oct 2020 10:50
So I think it’s been a fair week for us holders and commodity companies in general. Obviously OMI has attracted interest this week, rightly so, and peeps off making money, rightly so.
The real profit makers were of course those who bought , held for ever, and then boom off it went. The real winners @ ggp were the 0.61-0.75p buyers who were patient and have now been substantially rewarded.
So for me here it’s the latter of my two statements. Getting in early in an increasing and stable metals commodity price cycle Is crucial. If there’s a strong response to assays, drilling or an MRE then bang; but also like wise if there isn’t then it hasn’t got much to go down in relation to pennies, because if you bought in now, it isn’t even a penny.
THR has residual asset value because of the American assets (vanadium and gold) and ragged range (gold).
There are plenty of other plays with THR, but this is where I like the company focusing and this is where I see the first large SP rise occurring.
Mcap and shares in issue aren’t particularly relevant in relation to an MRE; GGP had an SP of 0.61 and shares in issue of 3BILLION plus; I remember the conversations clearly about too many shares, too many placing sand it was going no where ! Look it up for yourself.
I’m building a position based on my previous and continuous reason; not only did MTR pay top $ and warrants at good money, ARV who is an actual miner came in with 100”s of 1000”s of $ as well.
So now I’ve decided to put some $$$$”s in. I’ll be in on Monday for another 55,555 and remember the two things about it all people.
D Y O B R and if there is someone continuously negatively attacking the company a) they hold no stock and b) they are paid to do so.
If either of the above was not true, why would anyone spend all day jumping from board to board doing the same thing?
It’s your money, think about it for yourself.
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