where are the big swingers hiding?, page-6

nice honest post.

I truly hope the SP gets to $1 cause that means people made money and countries like Puntland and Georgia make cash and emerge from very difficult circumstances.

At $1 the company would be valued at $1.5b+ and you should always think about other companies that are valued at these levels to compare and test if the risk reward is worth it.

I too far too much risk in Range over the years but now it has paid off completely so I guess it is worth it. I have paid off all debt and have diverted funds to safer places while I still have enough RRSO to be a participant that would be described as a large holder (top 40 but not top 20).

The only reason I could take such a large risk in Range was because of income capacity not wealth - ie I could always survive losing it all because I earn well. Anyone who is playing with large amounts relative to their wealth and doesn't have the earning capacity need to be very careful here.

If things happen to work out negatively for Range there will be very poor liquidity on the way day as I imagine the AIM holders will be dumping and there will be no one back here to sell to.

On a brighter note - the company is extremely cash rich now so as long as you can survive SP ups and downs you can probably sit back and watch through all the drills.