Post by
ZouZS3 on Jun 07, 2022 12:01pm
Is anyone here selling on this 20% drop ?
not an expert of mining. Would anyone please advisemon whether I should take my loss and move on?
Comment by
RoyKerr on Jun 07, 2022 12:13pm
edit ask westcoast too, he is a good guy.
Comment by
ZouZS3 on Jun 07, 2022 12:14pm
Not blaming anyone. Have a high risk tolerance & long time horizon. But have no clue what their assets are worth. Can you help me with that ? How much their assets are worth?
Comment by
RoyKerr on Jun 07, 2022 12:27pm
i'll do a twitter thread and link here after the new IR presentation. the IR person said they are making up a new nvestor presentation to be released soon, which will give us updated numbers.
Comment by
patchh on Jun 07, 2022 1:05pm
bare bones around a billion -2- 750M$,, i think they hav something like 850M$ on paper from the 2010 IFS. NCI need an additional Billion to develope the OP
Comment by
metalhead666 on Jun 07, 2022 5:22pm
They have failed miserably. Doesn't matter how much mineral they have in the ground if they can't extract it for a profit and clearly they cannot.
Comment by
Kelwain on Jun 07, 2022 6:38pm
Definitely metal in your head, I suggest you sell your shares. Cheers
Comment by
metalhead666 on Jun 08, 2022 4:14am
Don't own any...sold my play a long time ago when it was profitable. I understand a couple of things you don't.....you "rent" stocks like this not own them, you never marry a position, losses happen cut them short when they do. Mine problems are like cockroaches....never just one. Maybe you'll learn
Comment by
realvlad on Jun 08, 2022 6:10am
Metal you got caught with the PP when it dropped to .77 . You complained on this forum. So how did you sell when profitable?
Comment by
aurens on Jun 07, 2022 6:10pm
Hi Zouz, Yes a lot of us definitely are feeling dumb on this spec. I have lost about 100k. I need it at 2.60 to make any real money. I hold with the endless news news on copper going ballistic... as per the layest hyper actove spec in the globe last week. I am old a retired too... not crucial a money loss for me but irritating indeed. The punch bag continues Cheers, c'est la vie.
Comment by
ZouZS3 on Jun 07, 2022 8:03pm
I hear you Aurens. Guess there is nothing I can do at this point, except holding or buying more. Might as well lose it all and live and learn. If it's meant to succeed, it will. I give up on all my investments. I admit I fkd up on all my investments for the past 2 years. But imma keep my head up and keep rolling.
Comment by
ZouZS3 on Jun 07, 2022 7:55pm
Gotcha westcoast, let's stick to them diamonds hands. Thank you so much for your feedback I really appreciate it!
Comment by
bogfit on Jun 07, 2022 12:50pm
"I added 50% to the ncu position after the drop today." You failed to mention why. BTW - Did you also cover 0/00? b.
Comment by
diggin78 on Jun 07, 2022 1:35pm
cuz it was only 300 bucks and I like to gamble. Now go dig yourself another $hitpit