The Signs Are PositiveAs a retail investor it is most times very hard to know what to do when trying to determine when to pull the trigger and buy in to developing story such as Camino.
For me, the signs that indicate bullish buy signals are/were as follows:
- Expereinced Senior management who previously have been involved in significant other discoveries
- Very good share structure (not too many shares out comparetively speaking)
- Location is mining friendly jusridiction of Peru
- Discovery hole
- Geophysical data indicates possibilty of Elephant size prize - 500M to 1B tonne deposit.
- Analogous - very close similarities to Mina Justra depost 100km away
- Recent PP which was doubled the next day and gobbled up by institutions only.(follow the smart money).
- Body language and demeanour of Ken M as displayed at the MIF in Vancouver.
- The assertivemness to get back in the field and use a Diamond coring rig.
All very positive developments in my mind.