G1A 0.00% 5.9¢ galena mining limited

5 Bagger Thread. Fundamentals and Opinions, page-270

  1. 3,352 Posts.
    lightbulb Created with Sketch. 748
    Too true.

    The best way to grow a big position is to trade a small position. This has next to no chance of doing an AVZ/AUZ/AGY etc etc and destroy shareholder wealth, simply because the mechanism to realize this venture's potential is already largely unlocked.
    Pretty clear to me the Toho scouts identified ABRA, (not the other way around) as having the "highest lead grade concentrate available globally", and out of the myriad of venture options available to them, decided ours best fitted their forward modelling.

    It does seem for the time being, the bigger players are happy to accumulate to $0.40... and fair enough I suppose.

    Let's see what SP traction we get when the parties close out the transaction, flagged as April'19.

    IMO, you'd wanna be set by then!
 
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