zinifex have pulled their bid at dollar, page-23

Yes. Some of my family are the same. Useless "buy and hold" investors. I'm always giving them money. It annoys me but blood is blood. I'm a sucker for giving donations.
I offered poor old dwecke a free holiday in Europe if he could pay his own way there. He politely declined.
Regarding "buy and hold through ups and downs": It's a lazy, inefficient strategy, especially with cyclical mining stocks. One has to make their dollars work for them. I have bought and held AGM. Bought in 2005 and held until May 2007 where it was time to liquidate. Everything is for sale at a price.