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11.0¢ carawine resources limited

Ann: Hill 800 Gold Prospect - Drilling Commences, page-24

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Barolobill

7,325 Posts.

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08/06/18

09:19

Post #: 33585211
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Originally posted by journeyman ↑

Relax a little mate. I can almost 100% assure you that Hill 800 will never get into production. I feel like you're researching with the aim of trying to determine whether there are reasons as to why it might not be the real deal. Try just looking for reasons as to why it might be the real deal and why it is better (or as good) as the next comparable stock, and then leave it at that. You want to try to find something that might have a good run, not necessarily be the next Sandfire. Researching/investing for the next big Aussie mine is just going to see you holding through any run until you're back where you started (or worse). Plus, you need to have price on your side. If you're going to get in, then I wouldn't be leaving it long. Heaps easier making money from even just 23c rather than 30+c...

Of course, yes, you might get lucky with something going into production, but not farking likely in all seriousness. Too many factors to consider... Even 999/1000 exploration directors can't work that sh1t out.

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Yes, I'm not interested in a quick momentum trade here. I'll leave that to the experts. Worth watching though.

CWX Price at posting: 28.5¢ Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last 11.0¢		Change 0.000(0.00%)		Mkt cap ! $21.72M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	100000	9.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	130422	2

View Market Depth

No.	Vol.	Price($)
1	32486	0.095
1	50127	0.091
1	1467185	0.090
1	14299	0.070
1	100	0.047

Price($)	Vol.	No.
0.100	31130	1
0.110	23199	2
0.115	175000	2
0.120	10000	1
0.125	25000	1

Last trade - 16.12pm 29/11/2024 (20 minute delay)

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