HomePublicPAAS

Comments

PAAS — 11 Comments

  1. Too many bargains, too many seductive charts way too little cash. Feeling stupid for being in this situation.

    That’s the way it is when it’s down. Not that it can’t stay down for a lot longer and get lower.

  2. 1. This bad movement of the quoted gold prices (and the relative stalling out of the base metal prices) and of the ‘juniors’ has been fun, but it’s getting to be just a little bit too much fun even for me.

    2. I find sentiment indicators–or arguably just my ability to use sentiment–to be next to useless for timing. Nevertheless I find it remarkable how just about everyone is convinced that the prices of the precious metals and the ‘juniors’ have to go down. Only special special situations (unusual drill results, crypto connections…) will do ok. Even I **feel** convinced that the prices just **have** to go lower over the summer and perhaps into the fall or if I’m lucky just stay in a trading range.

    3. I am not sure what objective evidence exists in favor of the gloom other than that the gloom can feed on itself. (Yes, one can look at charts. One person says this. Another looks at it that way. Each tends to say A, but maybe not A, maybe it has to do just this, maybe it’s a false blah blah blah. I could give my opinion on the charts, but my opinion is no better validated than others’.)

    • I hear you Carl, this reminds me of how sick folks get of the rain in the Pacific NW.
      I’m usually the last to get sick of it. Now I’m barley even looking at my portfolio.
      Hope that is a good sign!
      One good thing is that I’m still up on NOVO! Not much but up………..

    • I hear you Karl, this reminds me of how sick folks get of the rain in the Pacific NW.
      I’m usually the last to get sick of it. Now I’m barley even looking at my portfolio.
      Hope that is a good sign!
      One good thing is that I’m still up on NOVO! Not much but up………..

  3. They are getting $600k less than original April $2M commitment plus more shareholder dilution so not a positive update.

    They started off well and originally kept folks up to date on progress. However brand and original management is probably now on the nose when ETA for deliverables or even updates on updates were constantly missed which ultimately left everyone in the dark. It defintely needs new blood and new approach. Just saying.

Leave a Reply

error: Alert: Content is protected !!