Post by
deepthinker63 on Feb 23, 2022 4:24pm
Picked up a bit more
Obviously, people are dumping their losers to meet margin calls. That's when you want to come in, at least a little. I don't claim to know where the bottom is, or what will happen with the economy, previous metals markets or geopolitical events, unlike other geniuses who inhabit this space. But, I do know not to trade on margin.
Comment by
metalhead666 on Feb 23, 2022 4:37pm
There are no positive catalysts here other than dilution via PP to sink into the ground. It's at the worst possible point on the Lasonde Curve...the "orphan" period. There's no point holding this let alone buying it.
Comment by
deepthinker63 on Feb 23, 2022 5:08pm
Whatever. I'm sure they're are companies inquiring about the property as we speak. NPV at current prices is like $700 million, and the resource will grow. Wait till there's some sort of political trouble in Mexico.