Hey,don`t get me wrong ! I hope she goes to $40.00 a share,but JUST in case it goes like EVERY other junior has gone, with as good or better financial stats,i`ll be happy with a 1000% profit. Then,when it drops like a stone,i`ll get back in.Again with house money.And make no mistake,that`s exactly what will happen.I hope i`m wrong
Check the chart.Go back to the beginning and see what i ALMOST bit at eight years ago,but waited.Thank god.I don`t know how,or if any ,people are still stuck at the initial $4.00,but i watched it drop from that $4.00 to nothing,in ONE MONTH ! And that`s where it stayed for eight years.Just like many,if not all other juniors.
And then yes,indeed they DO tend to spike once or twice over the years,i imagine when new "blood" is required,and then once that blood is taken,the share price is immediately stepped on again
So if you`re new to this one,buy all means,obviously .18 is better than the poor suckers who got nailed at $4.00 eight years ago.I bought more shares with their money at .18 just last week.
But on the off chance you`re NOT new at this and you know exactly what you`re up to,like i say in all sincerity....welcome...git`er done :)