RE: entry point?Don't you enjoy spring and summer specials? I sure do.
This early May sell off might just be what the commodities market needs to avoid the typical summer exodus. Why leave now. It is pretty clear to me that SBB will reach $9.52 by Christmas imo. Many great drill results are just around the corner.
When you have the goods, it is easier to not worry about short term market fluctuations. Buying on dips is good. If you have a gut feeling that there is more potential short term downside, save some powder for further future purchases. But, when an asset is undervalued in the first place, and the price becomes more attractive, it may be a little greedy to say "I want it for even less". One may or may not get that chance.
Investors have one important question to answer before pouring money into a stock......"Has this stock reached it's all time high in the share price, or is the share price likely to find its way higher over time?"
I think most would agree that the SBB is more likely to go higher over time than to deteriorate back to $.70 imo.
GLTA. Save the tears and lamenting..this week is offering good discounts on some high quality products. Celebrate!