Exactly it's the brokers they want stories they can pump, I remember when we were on LSR, I told shimmer about EXU and he told me his broker told him to steer clear the historical drill results were not real.
They were twined and came out as better than the historical results, so we discussed again he told me the broker told him now the ore was difficult to extract, I told him they hadn't done any met work how would he know that, in the end it was proven to be free milling.
It 10 bagged from the price I told him to buy at, but his broker and other brokers were rubbishing the share to buyer for months and months, it was only when hartleys which is probably his broker, decided to pump it that it went on a true run.
I do the same thing as you though massive due diligence finding economic deposits undervalued companies, buy in good news comes market yawns.
Then you see on twitter people getting together and co-coordinating pumps like GPP, who have no resource literally stuff all, fundamentals don't even exist they own un-drilled dirt it's not even sampled properly, over there people post absolute crap and the mugs eat it up.
Makes me wonder should I just give in and join the pump squad, I know many who now have I think I would rather just not trade, if thats the alternative, dudding people into buy crap and losing money doesn't really interest me.
I am sure APC around though, 9/10 my patience is rewarded on these undervalued plays, especially with creasy around he give it a kick in the ass push it forward at some point.
As for ATC I am not concerned there that company is stellar, I would happily hold it for a couple of years, industry low production costs with a Mitsubishi off take in place it's risk free right now, if it doesn't improve in value I will just take dividends in a couple of years no problem, they have a 120 year mine life which is ridiculous.
APC Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held
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