Post by
miningmatters on Jan 15, 2023 11:32am
Typical pattern
JRV overpromises, under-delivers and covers with shiny announcements. My prediction for q4 announcement is operating loss, idaho delayed again, Brazil cost blowout but wait.....that will be buried under some new aquistion/expansion/BFS will deliver salvation. NY drilling speculation and offtake talks and/or some new M&A that will lead to et another raise later in the year supported by AUS pensions that are pot committed. It's s Jr mining version of a ponzi that creates a very nice lifestyle by spending not investing capital. Remember Uganda in 2019? Tens of millions in acquisition and exploration to zero value. Promises of Tanzania whale project now sikent. A grand opening of a mine not yet finished.. .
There is money in trading not holding but be careful catching the knife.. .it will eventually hit bottom and stick. Just like madoff.
Comment by
ukrop13 on Jan 16, 2023 12:55am
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