I have mentioned before in previous postings that i tend to A) back management, B) quality of the share registry and C) sector it is in.
I think the management quality is good to getting things done, I was bemused by some posters who have bashed them around for being good for nothing and sitting on their hands, this i believe is a matter of personal perspective, bit like a piece of string, how long should it take for management ? remembering late last year they tried to secure the wolverine mine which they were unsuccessful but only just missed out as the wolverine owners were only just able to put a rescue package together. Now 6 months later it appears they have been able to secure an asset that they believe is the future of the company....i dont think such timeframes are too long for management to getting "things done".
but i digress, this brings me to C) above, right now as burrows eludes my observations of hot sectors for companies to be involved in
A) lithium
B) cobalt (i think this is up and coming as you require cobalt for lithium -cobalt batteries)
C) renewable energy (emerging with the paris summit etc)
D) medical marijuana (legalised legislation as open doors)
E) Biotech or tech security (last year was a big year for tech i think when tech is injected into traditional sectors it can be a winner)
F) gold (PoG has risen of late bringing life back into this mineral)
Be interesting to know today or tomorrow what they have done and if it happens to be in the above hit list of mine or something else i am not keeping an eye out for.......
MNQ Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held