Post by
MetalMinded on Apr 12, 2024 9:46am
Just wait until this is actually marketed.
I think we can all agree this asset has been poorly marketed in the past. Ineptitude or intentional we can debate all day long. But one this is for sure. At these materials prices, once it is properly marketed to the broader market, it is take off like a rocket. Until then the people "in the know" quietly accumulate for the eventual big payout. This could be within a year, or maybe two if the metal prices remain high or even increase, but it's coming.
Comment by
EvenSteven27 on Apr 12, 2024 11:09am
Yes, MM! Still accumulation phase for the houses. Not quite time to market to the broader market. Will come, and when it does, be ready spike through the roof.
Comment by
StandingOwl on Apr 15, 2024 7:13am
I am trying to connect some dots. If I remember right, both RIO and MM both bought in at this market price, or about. The price of gold and silver are both grossly undervalued even with this recent price run up. And so is WRN. So who has been manipulating the metal prices? What do these two miners know that we do not?
Comment by
MetalMinded on Apr 15, 2024 8:37am
I thinks it's more that a huge portion of the float is owned by HNW investors, insiders, and institutions. There is generally a small portion owned and traded by small investors. So the shares traded are easily manipulated.
Comment by
StandingOwl on Apr 15, 2024 8:50am
???very well could be. Thank you for your input. Only other thing perhaps is with elections coming up, and if the markets/sectors look 6 to 9 months out, could this reflect a change in US. President? I guess when events unfold, then MAYBE we will know.
Comment by
StandingOwl on Apr 15, 2024 12:04pm
Thank you. Ever see blazing saddles? Now I know what Alex Karras meant, when in the immortal word he said " Mongo just pawn in the game of life". That's me.