RE:RE:RE:RE:Does anyone here think averaging down is a good idea?One need’s to keep volatility in perspective – there were many different factors associated with the changes in price points over the past 5-10 years that are simply not the same today! One can certainly argue that a producing mine at steady-state production of 250,000 oz 4E in 3 years and cash flow positive this year along with what Waterberg has to offer merits more than today’s asking price. It’s not if this pans out but when that will propel this stock to higher ground.
For now it’s just a lot of smoke and mirrors.
Smoke 'em if you got 'em.