/biz/ - Business & Finance

>>24876717
Yeah you made a mistake in selling that anon, ME was undervalued to begin with and they tripled their resource estimate last Thursday. That's when I noticed the company and quickly bought in at 0.2, and yesterday sold 100 PGM to add 1k ME. Now sitting fairly comfortably at 3k shares but I'm honestly expecting 0.4 by end of week. It's a big rerating going on, people are noticing the company and the share only has a measly 16% in retail float.
I say if it somehow dips to 0.3, buy back in. This one is a keeper
>It's funny though how two different styles led to the same company though
Definitely a funny coincidence. All roads lead to Rome?
>I by no means am some crazy TA guy either, but when I started larping around with the meme lines I was amazed at how the prices kept going where I thought they would, and how they'd bounce off lines going months and years back.
That's interesting. I'll have to start messing around with MA's, RSI's and Fibonaccis too. I only started investing in miners in October, really missed out on the March bargain bin deals as well as the run up but I've been pretty comfy buying cheapies the last few weeks at least. By the by, take a look at Lion One. There's a huge cyclone hitting Fiji this week and share price might tank even lower than it is currently. They could possibly have 10-20Moz Au in their alkaline deposit and they'll begin drilling underground in January when two new UG drills arrive. With their current resources they're overvalued -- but if they have 10Moz Au, they're even more undervalued than Moneta. So that's a fun long term speculative play to keep in mind.
>I had a period where I only ate Ramen with spinach and sausage tossed in for nutrition back in April lol
Lol, take it easy there! I guess I should take my own advice... been missing sleep and all my priorities have shifted completely toward investing. It's almost the only thing in my mind these days. I'll go and try to sleep now, I'm tired. Have a good one mate!

>>24784672
Glad to see such independent thinking. You clearly know what you're doing, much more than I (though I try to learn). Many just want to be spoonfed over here at /biz/ and it's sad to see when it backfires. I'll add about Lion One that the share price seems to have settled, it refuses to go down from its current price. Take that as a little appetizer :)
>>24784751
Yeah I'm very comfortable with my current stack and I'm going hard into miners, or as hard as I feasibly can with my budget and cashflow. Futures I will never touch but I've been thinking about warrants or maybe even options, sadly my brokers don't offer Canadian warrants or options. But good companies will fare very well and for my power level those will do just fine.

Here's a pretty good recap/round-up of Lion One Metals and what they're up to: https://www.youtube.com/watch?v=_oH_XPtjnLc

>>23963112
>consolidated
oh that doesn't apparently mean old, lol. I meant the old Tuvatu mine
>>23963157
You'll regret that attitude when you see that it takes more than first impressions to value a company's project portfolio. You'll see me reminding you about that mistake when LIO starts getting those underground assays. They've only scratched the surface!