RE:RE:RE:RE:RE:RE:RE:RE:Financingrocky99 wrote: Patience for how many years ?
I hope things'll turn around when tax loss selling season is over. But who knows. Also depends upon what kind of financing they do, and when we get some more numbers on the new assets, like an NI 43-101. Maybe we will need to see some actual numbers from production and AISC on the new assets for this to really turn. But if they deliver, and manage to show production of 8-10M oz on an anual basis, the market cap will have to increase significantly. Unless silver and zinc prices tank, that is...
It's not just SCZ that tests my patience, though. My other miners don't fare much better. The whole stock market is off its hinges. Numbers don't matter to the generalist investor, only stories do. When people make money buying overvalued tech stocks and Shiba Inu etc, it cannot last. It will turn someday, and values will revert to a rational level. But maybe we need the market to crash first, and I don't know if I wanna be in junior miners when that happens. Maybe the market can remain irrational longer than I can stay solvent (G Shilling), but for know I am staying in. I know that I am right and the market is wrong.