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Tuesday, February 28, 2012 5:06:19 PM
This is the point of maximum pessimism, which is either the ideal buying point, or trying to catch a falling knife with the cut being valued at 10 cents. (The famous haircut)
The FAQ confirms that several similar run-up catalysts are quite possible, and indeed being actively pursued. It also confirms that an end game vastly higher than an ~800% – 1,000% run-up is likely several years out. It also confirms the risk is also, 10 cents.
That is an excellent risk to reward ratio, but certainly not risk free.
So to me, ERHE looks like a great bet at 10 cents. I’m willing to keep my money at risk. Should my outlook change, I’ll cash out at whatever market price ERHE is at should that occur.
What I will be very wary of, is if the mood changes to the polar opposite, one of great optimism and hope. That will be a clue to consider taking some profits.
Recent ERHE News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/06/2024 07:31:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/08/2023 09:06:42 PM
FEATURED Mawson Finland Limited Expands Known Mineralized Zones at Rajapalot: New Lens Intercepts 21.75 m at 5.25 g/t Gold & 515 ppm Cobalt • Sep 4, 2024 9:02 AM
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Avant Technologies Announces Strategic Review Process Intended to Maximize Shareholder Value • AVAI • Sep 4, 2024 8:00 AM
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