It is LTR and it has also gone from above 6c in Jan to 2.3 c now. All stocks are in same boat. Disclaimer. I hold LTR as well. There are two things that you can do now IMO. You could sell for a loss. Move into something else and possibly make your money back there. Or you can hold, trust management to find a viable deposit and rerate when the rest of the market does on the coming year.
My thoughts are that with the US Fed announcing they are now nearing neutral which means they won't be raising rates unless the US economy booms and inflation goes above 2%, along with Trump needing a win so a possible trade solution with China coming in the following months means that commodities will rise into 2019, the start of the next boom? (maybe). We should start to rerate next year. We need management to pull their fingers it and find something of value wether it be confirming/fast tracking the brine or gettIngmpermIts and drilling San Luis hardrock, or drilling the gold, or LKO winning their appeal.
Anyway each to their own. I'll be holding
GLTAH All IMHO
DHR Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
