RE:RE:RE:RE:RE:RE:RE:RISK? can you afford it?? What is the potential return?j1nxed wrote: Your last previous posts have always asked if people are skeptical of production, I simply showed you that 3 entities have cashed up $90m in the past month or so with $70m solely tied to actual production (stream/royalty). The only thing that has changed is that the open market is selling... Along with pretty much every other junior out there! The chart is horrible and it is not fun to look at your account, but more money have been committed in the past month than in the last 5 years or so by people who has access to much more information as insiders and skin in the game to ignore market volatility
@j1nxed, I agree with you on those facts. But I still maintain that, in current market conditions, in order to f
ollow the smart money...... retailers have to have the money, time, patience and mindset (i.e. no panic selling) like them (Triple Flag, Greenstone, Altius)...
i.e. one should also ask yourself... let's say the sector is really battered to the point that copper price drop back to $2... and MIN drops back to $0.30s - $0.50s range:
- do you also have deep pockets to invest more (money)
- do you need the money during the down trend of the sector (time)
- do you fear losing all your hard-earned money (mindset)
- do you see MIN still makes money at $2 copper price (mindset) and
- can you ride out the battered down trend copper price (patience)
- assuming all is going well according to plans for MIN (mindset)
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I feel the pain of those who bought $1.00 - $1.50 (down 25% - 50%) and the frustration of the longs here (could've, should've, would've...when MIN was over $1.30s many times). I have been long MIN since 2014 accumulating shares along the way (when cash became available) from $0.20s all the way to $1.10s
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Do you see my frustration with all the facts that you stated in your post?
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GLTA