RE:RE:RE:RE:IMPORTANTReSourM wrote: Well put dacre. I usually don’t post and just read for my DD and any updates I may have missed. It amazes me how so many here posting emotional opinions/reactions to every single post-be it a bush or pump.
This is an exciting time as we all see the potential but let’s stick to facts-short or long!
I have been on this since 0.22. Accumulated a good position for long term and have taken advantage of the hype with some short term goals, have invested back with some of the profit, and have recovered some of my losses in cannabis.
If if you are a short-know that looks like bottom is now 0.75 I don’t see sinking below.
If you are long-know that looks like potential is $1-2 in few weeks depending on flow of NRs and Q update and $3-5 in year time.
So above Is from few days ago and I would like to re-iterate my opinion:
If have have done your DD you should conclude that bottom is look like about 0.75. I don’t think we will see trades at that level anymore based on the current speculations and looking forward expectations.
I strongly believe we will hit $1 Mark in days, or weeks the most, to come. Q reporting to happen mid Oct. This is what big boys will look into to make sound business decisions for themselves and clients. That have to have some sort of solid reports to back up their investment decisions!
if technical theories supported by drilling proves gold, gold and gold rnx will be well into profitable territories and therefore $3-5 in year time! Ask yourself they have mined about 4x4x4 and have 5kg gold/ton. That is 1.25 kg per m. Do the math, they have still 536 m to mine. Where they likely to just find a random spot with 5kg gold?? What is are the chances of no more gold or as much as 536 m x 1.25kg/m ???? Definitely not 0!!
Today was something! somehow we did not hit over $1 mark but was damn close. Based on the trading pattern it appeared price was locked in at 0.84 -0.87 range for most of the day. We should have closed green at least but I believe short traders were shaked further in the last 10 min.
I am heavily invested, and I am very optimistic that we will have our run up and onwards. Be patient!
Of course all my opinion. Feel free to comment. Do your own DD and good luck to all-short or long.