Banter and general comments, page-13454

For those (genuinely) new to the forum or investing it is interesting to note that GXY, now AKE after merge with ORE, was trading between 0.70c and $1.20 prior to production. Shorters had a field day with the stock in the lead up to production and it went from one of the most shorted stocks to market darling very, very quickly (From $0.70 to $5.50). Many on the forum warned of this with the last short attack. With GXY/AKE some made the mistake of taking relatively small profits once price recovered from $0.70 to $1.20 only to miss out on the large gains once the production news flow was released. Those that thought there would be some large pullbacks and an opportunity to reenter at a lower price were disappointed and would not have enjoyed watching the price jump from 1.20 to $2 to $3 to $4 to $5. Not saying it will play out exactly the same, but it does help give perspective of longer term picture and value when blips occur and you make the mistake of trying to time the up and downs. I am grateful for this lesson and as a result have been adding to CXO holding since first purchase early last year. The project continues to be derisked and has location, location, location in spades showing that it has the potential to generate strong cash flows, margins and returns for patient shareholders. IMHO DYOR.