Post by
miningfundi on May 22, 2024 11:46am
Privatize?
Excellent exploration results from Mount Polley, and the stock price goes down - could be disappointment that no news yet regarding Red Chris (the delay is indeed very weird!).
Not a single analyst covers III, so the investing public at large knows nothing about it - Mount Polley, Red Chris, record high gold and copper prices, weak Canadian dollar - nothing helps.
Insiders hold well over 50% of III - they should privatize it (at an excellent price) and then later sell it (or its key properties) to NGT, or some other corporation, at an even higher price.
Hang in there ...!
Comment by
FastFF on May 22, 2024 1:41pm
Just shows how early in new bull market we truely are - these are spectactular results - from surface too! I'm happy to keep accumulating - its tough to find good copper plays well leveraged to price for a mulit-year multi-bagger