TSXV:WMG.H - Post by User
Comment by
AucontraireIIon Dec 13, 2019 1:01pm
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Post# 30452550
RE:RE:RE:RE:Holding on
RE:RE:RE:RE:Holding on
personally I am very positive on this stock also. If you compare where we are now or at least where we seem to be now, with where we were one or two years ago, it is night and day. It is not easy to simply rewrite the technology of how to produce something like magnesium which has a well-established process and overnight make something which changes the game. This of course assumes that I am not overstating their invention but it seems to be what they are suggesting. That said, you simply don't shake this type of change out of trees. So that combined with access to lots of money to start implementing is so many leagues ahead of where we were it is hard to imagine. I have been adding but as my habit has always been, was unable to pick a bottom. I should have waited a bit more but that is hindsight. For what it is worth, probably not much, we have about a two-thirds retracement from old lows to the high range of recent months. Normally that's a good time to buy. But now? I guess you have to place your own bets. Don't take my word for anything.