finished death buried caput, page-15

Asf,

The fact that you bought at two dollars is irrelevant to whether or not bandanna has been and still is trading at low prices.

As I said I bough the stock originally at 60cs and saw it going down to 18cs. Therefore my situation then was not much different than yours now.

Investors tend to be overly optimistic and overly pessimistic and it is my belief that if we look at the big picture then it is possible to take advantage of that.

There are lots of companies sitting on a pile of money at the moment and some of them are looking for bargains inclusive in the coal sector.

Of course that there is a risk that none will be willing to buy Bandanna or part of it or form a JV with it, but taking risks is part of the game.