Post by
Power33 on May 25, 2021 9:03am
Recovery
The only way is up. We have got tru pandemic, mine shutting down and the banks pulling 25m facility. Demand will only increase as lockdown abates and supply has sunk 20pc. I am expecting a big increase in prices and with the huge exploration potential , I expect a quick turnaround in Mpvd fortunes. The company has faced unprecedented challenges and the future looks very rosy in my opinion
Comment by
Diamondboy123 on May 25, 2021 9:24am
You buy when there is or appears to be blood in the street. That is where the real opportunity lay. I can post a tone of negative tweets and posts. That's the point. The opportunity lies when everyone is scared. Having said that, I repeat the obvious being that no one is selling any meaningful shares.
Comment by
claymore55 on May 26, 2021 7:31pm
Well ,the Zimnisky rough diamond index is at a 5 year high, MPVD showed a small profit last quarter, Argyll closed, and Covid is declining. We definitely have a candidate for a turnaround.