Post by
Dickey01 on Jan 19, 2022 12:06pm
A tale of 2 stocks.
Back in the fall of 2018 shortly after i sold most of my marijuana stocks, I looked at 2 base metal stocks and bought in around the low .50's for both of them. One was CS a copper stock and the other one was S which was a nickel stock. Now CS is 6.45 which is almost a 13 bagger and S is still in the low .50's and very recently was in the .30's! Like WTF?
Comment by
mas7575 on Jan 19, 2022 2:26pm
Agreed. Stating the obvious, but... the market needs to have confidence that S will be viable in the long term. With the recent solvency/near-death experience and subsequent bond holder haircut, this company has some heavy lifting to do PR-wise to convince potential shareholders that they will make prudent operating decisions and (especially) become profitable. Cheers, mas75
Comment by
FordVictoria on Jan 20, 2022 9:18am
My humble opinion anything and everything that has investment in Cuba hold the SP because the political risk and how things are done over there, slow pace. FV