Investing vs Quick GainsShiftyone:
doumdidoum.... do you really care what is in the ground or if they mine a million ounces of gold over the next 20 years?
or do you care about the shareprice which is struggling to hold a 3 year low?
These are good questions and the answers depend of your investment style.
INVESTORS cares about what is in the ground for sure and will add to their position when the SP does not reflect the FUNDAMENTALS. Their objectives are long term and understand that there are bumps in the way to the paying zone.
TRADERS cares about the up and down cycles and are in a stock for quick gains. They bash or cheer depending if they want to buy or sell. They are happy with a couple of cents gain and are targetting non-liquid stocks as it's easy to shake the tree and manipulate the stock price.
Now do I care about being back in the twenties? Sure I care as does management. Is it all management's fault? Well, you are convinced that yes, it's all on them and you try to convince everybody here that's the case. You seem to think that everything is so easy in the junior mining sector. "Just replace management" is your solution. So simple. There are a lot of things we do not know, some information is missing to have the global picture (dealing with private owners in the western area, offers might be on the table, ex directors with loads of shares might be dumping on the market, etc.).
Are you an INVESTOR or a TRADER Shiftyone? Some here thinks you are neither of that. If you're an INVESTOR, continue the discussion by answering these questions:
- What should your hypothetical new management do to stop the SP fall?
- Which strategy do you propose to fight against the sharks out there?
- Would you rather concentrate on explorating the western area and put aside the development of phase 1?
Try bringing positive elements, find constructive solutions.