AMI 6.06% 17.5¢ aurelia metals limited

Ann: Hera and Peak Project Update, page-130

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  1. 6,388 Posts.
    lightbulb Created with Sketch. 3086
    Even if it is green, it doesn't hurt to look both ways while crossing the road.

    You bought a stock with a Beta of 2.58 relative to the market which means she is no sleep easy holding. AMI is also in a sector, cap and company life-cyle where a -50% is not unheard off. Not sure I know a miner that has not gone through a 50% downturn in it's lifetime... even the best in the sector NST (5.89 to 2.96 2H2016), EVN (1.96 to 0.52 2012) have done so in the past. A certainly expected it from AMI.

    You are pissed off because you are losing money. Simple. Now instead of externalizing the reason to a leak why not spend all that energy getting better at this game. Say finding out the likelihood of a miner losing 50% in value on its lifetime...

    Good luck to you and to your investments in the future.

    PS. Currently tens of million (net worth) not sure I'm interested in billions honestly... I'm sure there is a post out there somewhere with a screenshot of my portfolio.


 
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