Post by
stockwatcher7 on Jun 28, 2021 3:29pm
Risk reward
Unlike some on this board I try not to look through rose coloured glasses. I tend to weigh risk with reward potential.
JMHO... but the reward of further gains with less risk is totally in SIC favour and the risk of financial loss verses more gains in NFG.. Just saying be careful as I believe NFG is substantually over valued at this point in time without having actually proven any resource.
There are many Jr that have multi million oz resources trading at a fraction of NFG value..
If I was in low on NFG I would take my original investment off the table and put some of it on the ones which have a much higher upside potential. The likes of IKS seam to think NFG will continue to rise closer to the sun risk falling back to reality.
NFG needs to provide some indication of a resource to sustain where it is right now.... Scorn me all you want as I have no NFG and would never consider buying at this price ... JMHO
SIC on the other hand has potential to break the dollar barier if they get around to releasing some drill results.
Been in this game for far more than 30 years and have been burned on occasion.... Justa word of caution to the novices who may think the stosphere is a great place to buy a stock..
Comment by
666999 on Jun 29, 2021 4:12am
Forgot to add, once mine starts, it is a clear way up for SIL, I say 25-30 CAD is possible, and here is clear difference between NFG Can you see what Stockwatcher means, guys dont fight opinion is just opinion dont take it personal Cheers