Instead of discussing it emotionally just get some facts straight. I don't invest only on AMX which was once 5% of my portfolio and now is rubbish. Knowing when to sell is very important even when you lost a lot. I gave the company a go but enough is enough because the near future looks scary
Pick up the phone and call Paul he just came back from Africa yesterday. DYR. Have a chat with him.... If you know how to talk with a CEO. they "just mentioned" that investors are nervous and african miners are suffering due to uncertainty. the company is not being able to drill due to "bad weather" and wont realise any results till March!! more scary is the fact the government is looking to increase loyalties and taxes. Gold miners in Africa became to worry about their own future and stock market reflects that. In the case of explorers that is even worst. Hold your breath and enjoy the ride Who knows maybe it is all blue skies in a few months.
AMX Price at posting:
27.0¢ Sentiment: Sell Disclosure: Held
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