RE:RE:RE:Voisey's Bay and DFR's historic share price riseRefreshing posts... with more users on ignore, Stockhouse is looking better, lol
If EQT does turn into anything closely resembling DFR, most users in here won't be reaping the benefits.
Bashers and pumpers as they are called will most likely get shaken out of their shares as some level a lot lower than the final high.
They expect this to explode and go to the moon.... I don't think rational investors expect this to happen.
It'll be a bumpy ride and most won't be able to handle the first pullback if it's big enough.
grewalmeet wrote: Hello TruthMachine
I like sensible discussions and your posts most of the time are very informational, educational and discussion oriented, which i think is the main motive of the sites like this one.
Now going back to your comments, i agree with most part. Looks like people are either too optimistic or too passimistic on EQT. ( either going back to 10 cents or directly to 50$...lol )
I am not saying that this stock will take parabolic path as soon as it declares positive results... does not happen like this.
Anything can happen. The stock can not appreciate even to $5 even after solid results or the stock can cross $5 in a blink. Lots of variables can come in to picture, who is buying, which institutions come in to picture, any open market bid, what are the grades of nickel and even copper and did they find anything else as well ( aka diamonds ... wow ), how many holes are giving positive results and the outlook of nickel.
I am excited but not overly excited and blinded. I am holding my stocks and will buy more BUT only if I see the results.
And I am not expecting anything in a week...lol. these things do take time and I am patiently waiting for the results.
TruthMachine1 wrote:
Mega,
I know folks on this site want desperately to find magic correlations to Voisey Bay. But in truth, EQT has nothing to do with VB other than we just happen to be searching for the same type mineral ore bodies located in the same general region of the world.
Most people's expectations are completely out of wack with reality and current world events.
The world is nothing like it was back in the VB heyday. Its a different world, a different market with completely different valuations metrics to value assets.
There is entirely too much pie in the sky hopium being written here because it is mostly based on wild guesses, outlandish speculation mixed with destructive greed traits, not certifiable concrete actionable information. When I finally hear and read about the first drills core results, that will provide a degree of actionable information for future considerations.
Not stock halts, or people hold books or drill crews texting family members.
Companies in all areas of resource extraction are not going to receive the same valuations as many of those same types of deposits achieved in the past for the most part. Folks here need to dial back their expectations and grow up and be reasonable in any future projections that may play out.
Of course all of us long-term shareholders would love for a parabolic price move in the shares. But some of this nonsense of $50-$60 dollars a share projections from some of you make you all look like rank amateurs that have no grasp of reality and actually you do a disservice to those folks trying to maintain a more reasonable approach of solid knowledge and DD based on factual dynamics.
If EQT hit's with the drills and if they can delineate the sweet spot of the ore body if one is found, then we can expect a re-rating of the shares. Over the long-term the shares have an excellent chance of reaching a fair valuation that should make everyone holding those shares very happy if economic ore is found and has the proper grades and tonnage.
But I strongly suggest that it won't be the lofty VB valuation of days gone bye. This is a completely different world and market like I've already said. The sooner everyone comes to grips with that reality, the better you and others will be able to manage your buys and sells appropriately.
Because I can assure you there will be a time to sell. And if you are expecting a price rise of $50 or $60 bucks a share before you are willing to sell your shares, then I expect your going to be very disappointed.
Bring your expectation more in-line with reality, and you should find a great deal of success and personal satisfaction instead of being the rube at the poker table that everyone going to take to the clearners.