This is definitely a long-term trade in my opinion. The research that comes back to me in the area, the support of the Mongolian and Chinese governments, capital is there, experience is there. This is going to jump, maybe not to Olympian heights but 5c is reasonable for a close here but with buyers jumping in, who knows. Many people are also going to take profit at 5c so it will be interesting here.
I think that after rereading this license, with more on the way, this has allot of upside and potential in my opinion. Ultimately the demand is extremely high and will not go away. That is exactly what will drive this and getting in now before the run only makes sense! Demand + License + Capital = Growth of Assets and Value.
In my opinion 5c is undervalued so who knows? I think allot of volume this week and the market is back up! All good signs in the tea leaves!
PS - These comments are just opinions only. DYOR!
ROB Price at posting:
3.0¢ Sentiment: LT Buy Disclosure: Not Held