Thoughts volume 2......If one is a long term believer in the PGMs (as I am) and is underwater on their shares (as I am sure almost all of us are at this point), now is a great time to "heal your basis" with these penny shares.
It is rather difficult for the average investor (even those in the juniors sphere) to rack up over a million shares in any one company. $10k does that with NCP today.......unbelievable!
I would find it almost impossible for the shares to drop below 0.7 cent USD (1 cent CAD) on the ask. If we get there I'll get some more.
What did Buffett say? "Be fearful when others are greedy and greedy when others are fearful".