88E Value, page-15

Streuth!!!

And to think last year I got fed up with trawling through the absoulute baseless keyboard diarrhea that was often so common on the LSE board....

More often than not its the fly-by-nighters whom jump aboard a stock with next to zero research or knowledge on what they're actually investing in. Combine that with an attention span of 5 minutes, a drop in share price, their expected rags to riches in a week and a half not coming to fruition and boom these boards turn into a chaotic farce of liquid excretment.

Then there's the fools that for some very strange, sick and twisted fetish, diverge onto the boards to scavange on the misery and losses of others, these prophet like hindsight wizards take this place down another level altogether.

Seriously its amazing the level and frequency of absoulute garbage thats popped up over the past few weeks.....

"88 needs a war in the middle east"
"im basing my valuation on 3 bits of brief announcements"
"88 has no chance because EVs are going to take over the world tommorrow"
"my capital has dissapeared from 4c I'm going to hold on till it gets back there because its not worth selling now"
yadayadayada...

Seriously people!!! Get a grip and find some real hobbies to fill out your free time, better yet use that time to research and better yourself in a particular field that you could perhaps reap the rewards of someday. Until then some of you so called adults look like pathetic immature children.

My first big success in the stockmarket, was an out and out knowledgless gamble,which ended up leading to my interest in resource and commadity explorers. It was a mere $2000 splurge at that time in April 2008.I bought in at 32c. Which a month later gave me the impression I was a market genius.


At one point 6 months later I saw my capital worth around $650.

If there has been two absoulute crucial fundimental traits thats been critical to my own success, weather it be in my career, investment on the stock market or within the property market its to-
a) remove emotions from ones investment or career choices and
b) to remain patient when backing ones own judgement

Thank god I wasn't to the contrary and signed up to HotCopper at the time!!

During that time that i saw my capital disappear, instead of spitting the dummy and running I instead took the time to read and research as much as I could on what I had invested in, if you had asked me what Permability was back then I would of thought it was a brand of fragrance by Chanel or something. So while I at least back then developed a basic understanding of what I had got myself into, I at least found the confidence and courage to back myself and make a confident rational decision that my $650 should remain invested.

I fear this rant could go on all night, I feel as though I've put far too much energy into this already...

In short SP means near zip short term in explorers, assets is everything, mamagement is not far behind, then the macros.....unless you're a trader which is a different ball game.

Oh and to add an extension to the chart that i posted before.......

I fortunately enough was around to see my inital outlay of $2000 eventually balloon to $26k.

While the technicalities of what we are in the midst of would only be fully understood by the fewest of most talented experts, I still sleep exactly the same way knowing the level of expertise we have trying to decode what may be a collosal discovery. Until this is fully understood and and all options have been exhausted those sitting on the sidelines baselessly bagging this are already poorer for it.

To all those whom understand the risk, have done your own research, set your own targets and investmemt strategy, best of luck to you and may your balls of steel and focus be rewarded handsomely.