RE:RE:RE:RE:looks like a duck, talks like a duck , What do you have?
Four for four on selling short off spikes and turned this dud into a profit and rewarding ..
I cant buck a trend that has done good for the pockets. As for the long term projection being sound , I dont see this doing anything but spinning tires as its glory time is long gone. In fact if you look at that region and nearby regions there are many small mines in production and many of them have not been rewarding.
For newbies long , historics are important on vacum asset trends, that just dont climb and I find it very tough calls to invest as seldom do they buck that trend, if this was a one year trend or two year trend, maybe you could see hope, but you can go over five years with limited stability and based on historics why would anyone go long on this?
Day traders there is some light on this I think, because of the likes of Munday and Sheldon with there buying on the open market, as they have self induced some strong headwind spikes when they have and that can make things exciting to a day trader, sustainable nope but exciting.