Post by
swingtrader45 on Oct 25, 2024 6:52pm
Bought more
Traders have been rewarded for 'sell on the news' for a long time so of course they're selling good results. I bought more as it appears the last of the weak hands is cycling out and 'buy on the dip' action is coming in.
SCOT has amazing real estate in the best neighborhood with little or no promotion built in. How many Juniors have 8 milllion bucks in the bank at the end of an expanded drill program? The current market is pricing in less than 1 million ounces at conservative economics. In reality they will likely report closer to 2 million (and with above average economics) while some say it could be as high as 3 million ounces (and with way above average economics)!
Existing shareholders are worn out and just can't see it as the no-brainer double or triple it STILL represents. When they're cryin' we be buyin'. GLTA
Comment by
hopeful88 on Oct 27, 2024 10:48pm
Good luck with that reasoning -45, i tried that for three years, didn't work out. Bradly is a great guy but a piss poor promoter.I'm out.
Comment by
swingtrader45 on Nov 14, 2024 11:34am
The plan is to hold into the new year but man-o-man is this thing a dog. Tax loss selling come early so I still say weak hands exiting making this a no- brainer. Time will tell. GLTA