Post by
IgnacioCashmere on Oct 26, 2022 8:47am
Risk
The risk here is that Treasury or SEC will suspend trading of CXBMF. If you own CXB there is no risk to you. A suspension can last indefinitely, leaving holders with no avenue to sell. The value, earnings, & cash flow have not & will not change for Canadian shareholders. American institutional owners are likely the source of the dumping of shares, they cannot risk the chance of 100% loss. Sanctions for as long as Daniel Ortega lives is in effect a total loss. Retail investors in junior mining on the other hand are willing to risk 100% loss, we do it every day. Every Canadian junior miner I buy carries a risk of 100% loss, it is managing risk to achieve a higher ROI on the whole that we seek, & we must take higher risk to acquire a higher return. I am a buyer as a trader here, because I believe the selling is over done. Treasury will take their time before disclosing whether trading in CXBMF will be suspended. That gives time for fat cat friends of government to exit. But I am willing to put my money that CXBMF won't be halted or suspended.
Comment by
tootall123 on Oct 26, 2022 9:06am
Excellent post there IgnacioCashmere, Thanks.... GOLD IS KING....
Comment by
gossamer12 on Oct 26, 2022 12:10pm
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