My point is that by keeping it simple, buying and holding quality management and projects, will normally beat trading, had I have just put the three shares in the bottom drawer I would have doubled my returns over that period.
I even had some pretty good performers of the shares I diversified into awe, aoe, coe, igo and arq all of which have more than doubled, I also picked a few dogs gtm was the standout.(thanks to a post by miningnut, managed to sell most at 5c)
IBR might do better than BSG in the future, thats obvousily what you think, and your 150% profit on Bolnisi is not to be sneezed at, but you now have to pay CGT on your profits which means you have less to invest in IBR.(unless you invest/trade for a living).
The action on PJO on friday suggests that Bolnisi should have a good one on tuesday and I dought that Bolnisi will see $1.10 again.
I dont post often, as I dont think my analitical skills or technical skills compare to most of the posters that I enjoy reading on here and ss, I really appreciate the time and energy that they do/have put into these boards, Redned, Miningnut, cdchi1, Marsupial, Rangalli, Tastarga, Flats, stolwyk to name a few, they and the many other quality posters that have given me the faith to hold when I would normally have taken 100-200% profits, and Instead turned these into Life changing profits...thanks guys
BSG Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
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