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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: ralfph who wrote (310644)7/29/2025 1:33:40 PM
From: ogi1 Recommendation

Recommended By
ralfph

  Read Replies (1) | Respond to of 312766
 
The chart told you to wait! Better entry today for certain, which may still get better in the weeks ahead before assays. Or it may not!! I don't see a pump, I do see very well reasoned and supported arguments for why Rak's BiTe target could be huge. Typical jr action . The opportunity remains intact. In jrs the majority of time ,it is a bad idea to hold for assays, especially the very first holes on a project. After assays you have a lot more info to make an investment decision. That said if the assays for BiTe are one of the rare first pass discovery holes , you must pay more to play and I think in this instance I have said that Snowline's success has changed how the market will react to success for RAK.

If they have a discovery, the reaction will be rapid, unlike SGD where the implications of discovery were overlooked in the immediate and opportunity remain quiet after assays were published.