Post by
EXRayO on Feb 29, 2024 10:26am
Editorial comment: Past perfomance versus future return. . .
Some will argue that prior results are no predictor of future performance. Others argue that history has a way of repeating itself. . .
The record is pretty clear, though:
Total write down of Gold Bar Mine in 2020 to the tune of $83.3 miliion (US), amongst other past (somtimes untold??) problems.
Lackluster performance in years following, including predicted earning loss to be announced on March 1s (tomorrow).
Stock performance for the last 10 years:
Perhaps time for bottom feeding? OR will Rob & Co continue their downward sprial? You choose what you care to believe. . .
IMHO I choose to invest elsewhere.