Reckon @ .017 , more PAB shares is a defendable decision. SYA has been a fantastic investment for me, I've banked $10k neat, looking for another entry . Just remember though Bee, that SYA commissioned an independent valuation of .105 cents, well we've hit that. Time to reflect on what the Catalyst will be to drive the SP up from here. 3DP is chugging along eh ? If it does go to .20 plus, it will be a good lesson to me on the virtue of patience. But it's hard to have patience in this rampant spec market. Just whisper the word, lithium, cobalt, blockchain, vanadium etc on HC right now and you've doubled your coin.
I've taken 2 positions in Zinc, PNX @.014 and TRL @ .016, certainly not the cheapest entry , but in this market,
One has a more generous buying margin. Just looking for some short term to mid term 50 to - 100% spikes then out. Cash in pocket.
Another wild idea I have is GTG, I've always like Kate's investment style, she has a great eye, and made me some really good coin in the past, with VLA. If you haven't caught up on the play over there, you should, its wilder than the Wild West, another block chain type deal been whispered about, but this time, the DCC management are on board, I think.
I've taken big cash out of KRC, EYM , and some other overpriced specs and started to invest it , rather than throw money at a dartboard.
On the longer term scale, I've taken a sizeable position today in RDG, 600,000 @ an average 0f .024 . The investment thesis here is, RDG provide services to mining, infrastructure and construction. If you agree that WA is a boom bust boom town, and then agree that commodity prices are recovering, then all miners must increase the budget expenditure on developing/ maintaining their lithium mines, gold mines, cobalt mines etc. equally, if WA miners are back on Hay street, with pocket loads of cash, they start looking for newly constructed properties.
This is a bread and butter type investment for me, if the thesis is right, we should start seeing mining service companies start to dust off their order books and start booking profits. Here is a crude chart for RDG, nice highs in history. Don't think this is going to go fast and hard, but it should lift nicely as the sector strenghens.
How's that bloody Ronnie, he had M7T analysed to perfection, 34% spike today.
SDX Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
