Post by
realty on Nov 10, 2023 10:54am
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Love this company, management and its projects. To be honest though, this is an exploration company and they wont have any new drill results until this time next year. This company is always slow on the drilling and release of the results. They are also going to need money and JVs for next years drill program on all of these juicy projects that they have. They will probably lose 50% of the projects through JVs, if not more. When you add in shareholder dilution for themselves to pursue one or more of these projects next Spring, it just does not make sense to hold their shares. I will buy back in just before their drill results next year. I dont blame anyone else for holding shares in this good company, but their is an opportunity costs that comes with holding them. I have sold for now. Realty