GREY:NEVDQ - Post by User
Comment by
bogfiton Dec 03, 2021 1:14pm
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Post# 34195642
RE:RE:RE:The Hollow Pumpkin is getting carved some more
RE:RE:RE:The Hollow Pumpkin is getting carved some more"Why buy today when it will be cheaper tomorrow?"
You assume that a decision to buy has been made at this level. So, if the question is whether one would receive a material advantage by waiting for the stock to drop lower before buying, my opinion is whatever difference in price today will prove insignificant later when Nevada Copper business plan proves successful. When you reach such a level of divergence between risk vs. gain in undervalued assets the price movement percentages are mostly meaningless.
Obviously if the bus. plan fails, buying at any price is all the same, but I don’t see any significant benefit in delaying purchase. Unless news items reflect supply shortages, I do not expect demand or the economy to really fire up for at least 2 quarters, and a credit drought in China may reduce copper demand there for more than a year before development resumes.
JMHO
b.