Post by
PuerSimia on Dec 23, 2024 8:54am
Falling below .90 cdn this week
Great mgmt team. Great property.
But honestly folks, who's going to invest $2+ billion in this? Poilievre's going to be PM soon, and spending billions isn't going to fly. Then there's Danielle Smith, who wants to take back Alberta's CPP, create her own provincial police force, and separate from Canada. Then we have Trump down South, threatening to make Canada their 51st state or he'll impose 25% tariffs... read between the lines.
Without a $2+ billion investment, and soon, this is going to be just another great mining project that never got off the ground. Seen at least 100 of them in my day.
Comment by
MrInvest on Dec 24, 2024 11:08am
When I sold E3, I put the money into ROOF, that has evened the score before year end. Still holding 50% of my E3 though. It is the worst performer in my portfolio two years in a row. And at best a break even from 2021 to 2023. I expect E3 to be at 0.30 by the end of 2025.