RE:RE:RE:Excuse me while I take this momentAngelique01 wrote: theCurse wrote: karead wrote: to laugh at all of those who sold due to Nicaragua "country risk".
That does not even make sense. Did something just "change forever" there? It's no different from a miner that i am very familiar with and hold - EDV. They trade at a discount because they are purely West African based.
Nothing will change that. I accept it. There is risk. Foolish to think otherwise.
tC
I don't think karead is implying that country risk does not exist. It does. However there are many positive factors that a lot of people chosse to ignore and simply dismiss Calibre as an investment based on its geographical location in Central America. That is a big mistake. Share price performance in 2024 speaks for itself.
Share price performance in 2024 is maily due to MOZ takeover closing which has significantly reduced risk and at a takeout price near the cycle bottom. imo.
I found the post to be condenscending to investors who would rather not be exposed to that level of risk. Prior to VL, the level of risk of CXB was quite high.
tC