RE:RE:RE:RE:value"I am not an investment adviser"
"When it will turn again is not predictable. "
then why are you posting things like this telling people it is time to get out of miners???
"Time to get out of miners"
https://stockhouse.com/companies/bullboard?symbol=t.gcm&postid=34911724 just a few days ago, and posting only negative opinions. that is not just
glass half empty, but
glass 100% empty, like Brioche who works so hard to dig up only the negative but nothing positive.
"costs are rising and expected to continue to do so."
"gold is falling and is expected to continue to do so."
you just said it was
unpredictable but then predict it will go in only one direction. that is contradictory. you say you are not an investment adviser, yet you want people to follow your negative investment advice.
again, why weren't you telling people to sell when
sentiment was extremely high when gold was $2000, but telling people to sell now when
sentiment is extremely low $300 lower? selling low and buying high is the opposite of making money. that does not help investors.
"I don't have all my eggs in the miners basket."
you have so few shares that it does not matter to you, you don't care posting only negative biased opinions, and don't care if investors lose money by selling low on negative sentiment.
"Thank you or others who oppose an opinion with an opinion."
- oil price dropped from $120 to $90 is a fact not an opinion.
(it contradicts your opinion of cost continuing to go up.)
- marmato and segovia are connected to the country's electric power grid, is a fact not an opinion.
- colomb peso is near record lows now which reduces costs like local labor, is a fact not an opinion.
- expanded production plant from 1500tpd to 2000tpd (which increases production and reduces cost), is a fact not an opinion.
i am stating facts to counter your biased negative opinions, while you are just giving negative opinions with few shares on the line, without being able to predict the future (if you had a lot of shares on the line you obviously would not be making only negative posts). trying to convince people to sell when
sentiment is extremely low is not doing investors any favors and is not doing it out of the goodness of your heart. a good heart would be telling people to sell when
sentiment is extremely high instead. however, convincing people to sell all their shares when sentiment is low to further pile onto the negative sentiment, to drive the share price down, can benefit financially so that shares can be bought at a lower price later. that is why people who make only negative posts but no positive posts is highly suspicious (100% glass empty). that is what some people/bashers
try to do. whether that works or not is another matter.
Stratocheif wrote: Those are all valid points. I am not an investment adviser I am just stating how I see things. Anyone who acts on the opinions of others has a chance of loosing...even "experts are often way off the mark. The gold mining sector is a roller coaster. In 2016 stocks went parabolic. Investors ever asking the "experts" should I sell. Those who did were lucky. Same thing happened in 2020/21. I had over 200k invested in a number of miners but as I saw the thing turning over in late 2021, I sold most and made some decent money. Kept 20k as a sort of watch list. I never expected them to fall this far. Never expected the inflation and decline in gold we are seeing AT THE MOMENT. That's all I said....at this point in time, these stocks are way down because that's how people see it..persistent inflation, dropping prices = squeezed margins = no demand to buy. I'm long these companies but I don't have all my eggs in the miners basket. When it will turn again is not predictable. Could be years. Sentiment plays as much a role as fundamentals. And the future is less certain the further out the prediction. Thank you or others who oppose an opinion with an opinion. It's called a debate and that's a good thing...to argue the positive vs the negative. There are others ( I won't name because they will attack) who entertain a "group think" and anyone who opposes thier view by pointing out possible risks is to be viciously attacked, humiliated, called a basher and so on. I despise this type of person