Been reading for quite awhile, never posted because I don't have any expertise, and didn't want to admit that I was one of the ones that jumped in above $6, lol. I did manage to buy more at 4.14 earlier to cost average down, so now that I feel smarter I guess I'm allowed to post. lol
Seriously though, I do enjoy reading the knowledgeable posts, it's much more fun to follow a stock when you can learn more and discuss rather than just watch a ticker every day. I'm just a young investor who prefers the excitement of junior miners to blue chip S & P (boring).
Couple newbie questions.... I was/am "long and strong" with Novagold. Obviously like everyone else my bubble was bursted when the partnering company decided it was too expensive to build a mine (if I understand the situation correctly, perhaps if somebody has a better explanation you can email me privately). My question is, what is the possibility of the same scenario happening here? If gas goes to $5USD a gallon, could it get too expensive to bring these deposits to production (especially considering I understand ROF is relative BFE) and we could watch our share price tumble ala Novagold?
Go NOT, momma needs pills and baby needs shoes!!! lol