First time poster. I am intrigued with this stock and have taken a stake averaging around .045. I understand the potential in this stock but also understand the riskiness of the play. My one concern is that NSDM has been doing exploration in Ukraine for a while and yet has not really come up with anything that would be considered a "homerun".
Wouldn't it be reasonable to assume that the same may occur in Canada? I'm guessing until they have a site that they can actually start a bonafide mine in, the stock will not take off considerably. How else would they start to make money? If it's been this long in Ukraine without a mine, would it be reasonable to assume that it may take a similar amount of time in Canada?
If anyone would like to enlighten me on this, please do because I'm sure that I'm missing something or making some wrong assumptions. Thanks.