RE:RE:Listing on AIM is not freegaggersez wrote:
You wanna know whats comical about the AIM listing.... to think that it will change sentiment.
It will do absolutely nothing without some kind of HUGE news.... and not a partial off take...
It will need incredible financing news to take the project to better than 60% financed.... more like 80
Sentiment follows WORLD MARKETS...
thus the reason the morgan stanley world index chart has been around at least 30 years....
Sentiment for a world utilized commodity does not live in seperate pockets here n there....
transportation costs to markets are irrelevant until production is assured....
AIM will save the world..... just sayin.... Hey Gagger55j... point out my error... thx
So Skipper... as for a long term view to guess where we will be in 6 months....
sentiment can change rapidly.... usually much quicker from a positive bias to negative....
rather than negative to positive.... it also depends how we got to where we are... in the current...
we have ground lower as have many of the juniors in the material sector... and the grind continues.
Had we had an overall fast crash... we could rebound much faster.... sentiment must reverse....
To miss a timeline or some hinted at long awaited event now could be extremely harmful....
As I said..... no financing or lifeline in the near future and its highly likely we will test the lows....
As sentiment wanes a test becomes much more than likely.... but sentiment is also a daily event..
As I said 2 weeks ago.... I dont like what I see... and sit simply watching....
The cash on hand is becoming more of a concern to me than anything else.... the idea this will naturally rebound after what is believed as tax loss selling may be negated by the cash cushion.
I will stop here... but any extreme pressure shown tomorrw in the absence of an overall move by the other juniors .... I would relate to the recent cash numbers. You got a ton of variables and as I said... you must read these daily but in the back of your mind.... keep asking... what if...
The reward could be huge..... but I am not a dice roller or a bottom guesser.... bout all I can say...
Cheers and I hope the dedicated longs are rewarded for their patience.... truly I do.... :-I