AMD 0.00% 0.5¢ arrow minerals ltd

Evening Gracie, Sorry to hear you are so far down the rabbit...

  1. 680 Posts.
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    Evening Gracie,

    Sorry to hear you are so far down the rabbit hole mate, fair to assume at these levels the majority of us are there with you...........it's only the depth of said hole that may vary. Putting both the paper loss and opportunity cost aside (if possible) how did you find the content/delivery of SM's presentation? See any light at the end of the tunnel? Low shares now on issue, cashed up, drilling 2 core projects second half of the year (Gold, Lithium) + 2 active JV's in Gold and Nickel, surely if there was ever going to be time to realise/recoup value for shareholders........

    Have attached a few charts below, shorter term chart showing a slight though welcome change of behavior post the higher/stopping volume day of June 13 with short term resistance levels shown.....

    amd daily.png
    Given the sentiment surrounding this stock have also posted longer term (post consol) chart with a market cycle chart inserted. Eerie the similarities between the two........

    amd psyc.png

    With tax time selling now complete, results/activity expected throughout both Q3 and Q4 on multiple fronts, together with reasons listed above, hopeful the worm is turning here and provided the drill bit sings, we can begin the grind upward once more......

    As always DYOR and GLTAH
    Last edited by Lucror: 01/07/18
 
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