PRX 0.00% 0.2¢ prodigy gold nl

When?, page-38

  1. 1,669 Posts.
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    Hello Hell, yes it is easy to get upset when investing in a spec stock. If we were smart enough and had a stop loss at 20% then none of us would be losing much of our capital when things don't go to plan. I've never been smart enough to do this, so I still need ABU to hit 60c just to break even overall!

    I bought again at 38.5c last week, and a few more this week at 33c.

    The ABU story as far as I know is a good one, but the time taken to reach full on production and the lack of monthly updates about their progress has been very disappointing.

    Having been an investor for over 2 years now, I am prepared to wait longer, and I am still hopeful of a sp of 90c+ at some point in time. ABU is a good long term prospect IMHO, and to make a profit of 100%+ would take around 25 years, if I put that same money in the bank!

    Some positive news from ABU would be great, and as other posters have previously asked, why can't they be using their small ball mill right now, to be churning out some bullion bars and having some cash coming in?
    Last edited by bruce13: 23/09/14
 
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