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Bullboard - Stock Discussion Forum Benchmark Metals Inc. V.BNCH

Benchmark Metals Inc. is a Canada-based gold and silver company. The Company is primarily focused on the identification, acquisition, exploration and evaluation of mineral properties. The Company owns Lawyer’s Gold-Silver Project, which is located in the prolific Golden Horseshoe of northern British Columbia, Canada. The Lawyer’s Gold-Silver Project consists of approximately three mineralized... see more

TSXV:BNCH - Post Discussion

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Post by 9rookie on Aug 12, 2020 6:57pm

Up 50 %

I'm still in the green , but every penny drop cost me 200 dollars , so should I get out now or wait., problem is I've seen this before , stock suddenly starts dropping , no news why , your thinking it's just shorts or a glitch or the gap , next thing you know all the insiders sold, and bad news comes out and it's to late , your in the hole , BNCH., going to have to do something or say something before everybody panics and sells , or maybe somebody wants to do a PP and has to drive the price down before .
Comment by TraderWannaBe on Aug 12, 2020 7:14pm
My advice. Don't sell. If every penny costs you 200 you jave 20 000 shares. BUT! Its all depends on your goals and time you have. If you need cash soon - wait couple of days and sell. If you can can wait few months or so - KEEP IT. It will go higher. This is normal to go up and down. (Remember gaps i .mentioned before? Yeah, those one where you send ur kids to biy clothes). I had 10k at 0.66 ...more  
Comment by TraderWannaBe on Aug 12, 2020 7:21pm
also. Benchmark is doing 50 kilometers of drilling. This is A LOT. and i dont think they drill just on maybe. The will find a lot. Think about it
Comment by VENMan on Aug 12, 2020 9:31pm
For me it depends on when you got in the game. If you got in at 20 cents you can afford to wait it out. If you got in at $1.25 then you have to swing trade take profits on up days. Understanding your entry points and how to trade them is so important. I was not lucky here because I got in near all time highs so you have to accept that you will make much less than someone in at 30 cents. As a ...more  
Comment by Platin2014 on Aug 12, 2020 10:32pm
IMO you have to change your point of view. Look at the potential of a security. It doesn`t matter too much, If you buy Bnch at $1.25 or at $1.60 you will make a profit in the medium and long run. Time and patience pays
Comment by ernesto47 on Aug 13, 2020 7:09am
Dead right...I am in at 28c and I give a sh.t for the present trading....sold enough for a nice free lunch getting served during the coming years!!GLTA strongies.....also this return money went into Kalb's Dixie Gold (DG) maybee 30 mio. shs only outstanding, but with a huge land holding nort of the stock of the year: GBR!!! Stock still trading around 22c...............check it out! 
Comment by Platin2014 on Aug 12, 2020 9:25pm
Patient pays, dont sell. I have way more in the fire and stay absolute calm. That was just a kind of panic that some want to take profit. Tomorrow it goes the other way around and people are screwed trying to get back in and paying more for the stock 
Comment by desertbarnacle on Aug 12, 2020 11:18pm
what are you talking about willis?  when stocks go up 400% in a couple months sometimes they go down after that.  there are other examples. Bob
Comment by Platin2014 on Aug 13, 2020 12:14am
You are absolutly right, a pullback is necessary and healthy, its part of the game. I`d bat 2 bucks that we are well in the green tomorrow
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