RE:RE:RE:1 m.$ in dore bars....ok GG..it's on.. let's go
I refrained from responding because was just going to let it go.. BUT .. you win.. response now coming to you directly.
You know .. on these chat boards there is a civil way to discuss stocks and events, and if you don't agree with something that someone posts.. you can easily say you do not agree and explain why and that is all the is needed.
BUT--IF you think it is necessary to attack someone personally and outright say they are totally incorrect makes the ssumption that you are greater and mightier than i am and that you are much superior and in the know.... and i can tell you for a fact that you are not.. so don't assume that your view is the only one that is right.
I am not going to let you get away with thinking you sure pinned me down to the mat... you did not... FAR from it.
Lets look at some facts ..the TSX-V (C-VJIX) has dropped from just over 1020 in mid november to now 860 just in the past month.So during that time period GER dropped from basically 12 cents to .07 where it is today (over 40%) so that did not happen because it suddenly became a show me story.. It's been a show me story for years... and the run in late aug/early sept. was just a speculative run up ... which did not hold (as none of them do) basically it was just a short duration pump and dump by short term traders.
But look.. in reality..what they have to "show you" NOW is a lot more substantive than what they had just as recent as early september..which includes the super La Esperanza drilling results (compared to what they had before) , the successful ramping up of operations and now the sale of 1mm$ dore bars and 2000 ozs of silver.. These represent significant advancements even since early september and yet the market does not react positively at all.. WHY? because the sentiment has turned bearish.
I have read numerous times where the exact same thing has happened to other juniors... long awaited good news was released and the sp drops... why? not because the news was bad but the sentiment had changed.
Ok.. another thing.. GG.. the market that you seem to think is always right (as they used to teach) has also changed dramatically over the past several years. It is not the market that is stable and reacts properly all the time anymore.
With the advent of Algorithemic trading systems it no longer reacts to fundamentals nearly as much as it used to.. they are trend based only.
Also.. with the emergence of all the cryptos in the past few years there is not near the money in flux in the stock markets as their used to be.
Also.. the move in the POG from may 2019 (1300$) to aug 2020 (2000$) brought a lot of excitement and money flowed into the resource sector but since that time the POG retraced basically 200$ and has pretty much traded sideways since, and bitcoin interest grew rapidly and money left the resource sector again.
So when i said that it was a down day in the markets (again) when the good news was released it was not that i am saying it is the ONLY reason that the SP did not respond positively but was trying to point out that the resource market in overall was taking a hit..
I see a lot of red all over many stocks with quite a number actually hitting 52 week lows.. maybe some of it is due to tax loss selling but who really knows?
The POG has been forecasted to reach 2500-3000 for a long time now and yet we never see that happen... but if it did i bet you would see the GER shareprice raise significantly with this most recent news.
Ok.. my point has been made. Not all things are so simplistic.. there are many contributing factors...management included...i was not TOTALLY incorrect as you put it.
So instead of looking for an opportunity to jump out and slam someone down under your foot.. why not tread a bit more softly?
Put me on your ignore list if you want!... it's a free world.