santa barbara reviving la japonesa iron ore mine, page-8

re: santa barbara **tropical updates** TB your post at 11.18am this morning is the most balanced and sensible I've read abt ADY in this forum ... well done and thanks.

I held a healthy chunk of shares from several years ago on the strength of my gut feeling abt the Rincon project. I sold the lot a few weeks back a 22c ... I couldnt concentrate because there was just too much profit sitting there on paper and I fought the desire to be greedy. I am obviously pleased with my decision to date but I have to say I want back in ... the trick is when.

Announcements over the past few years have been mostly as one would hope for a developing project. There were times when I wondered how on earth a little Tiddler like ADY could ever get a project like Rincon off the ground ... but cautiously and incredibly they essentially have. Possibly a fair length of the harder yards have already been done.

The share price is never going to grade up smoothly ... my current fortune is obviously others misfortune at the moment ... its just the way it goes. I would have to say that if I never buy back into ADY I firmly believe it will be to my long term regret ... so I wait ... and watch .... and hope to sometime pounce.

Again thanks for your post earlier today .... cheers.