OTCPK:PGMFF - Post by User
Comment by
kirk15on Jan 28, 2022 10:41am
166 Views
Post# 34371092
RE:RE:Consider the price action
RE:RE:Consider the price actionheres an old market axiom that stands the test of time, always ring the bell, even for enough to reclaim your initial investment, but always ring it. There are few things worse than watching a multi bagger profit return to entry point and we don't at least take some off. The guys who were early into cannabis were often guilty of this, what happened?
This is a contrarian trade for me, it is based on Red Lake being a centuries old high grade returner.
On the fact that there is a limited amount of REAL mining occurring in the area.
Great Bear results continued to show what is possible, they were very active drillers, Kinross taking them at an all time high really cements the notion that Red Lake is back.
Given the aforementioned points PGM becomes a potential target for M+A discussion.
I don't try to pick bottoms and tops, but I expect at least a double within the next 6 months from my in price.
Hope this helps.