i learn my lesson, page-9

Hi Reader

i agree with you that most start ups company's don't always make it , but LCY is not a new start up , and they have done better than most in this sinking market , i have only been in the company 14 months and think in another 3 years down the track lcy will be in a totally superior position , it only cost them 3.5mil for a 60% chunk of a huge resource , if you look at the greats it took them over 10 years to get where they are , and yes most companies are a gamble , but thats the stock market and many smarter investors than me have been caught with losses as well , there is no sure thing on the market unless you are a inside trader . I have been in the market for a few decades and am more confident in long term investments then short term , if you have done your home work and research properly you limit your risks . personally i have had more winners medium to long term , than short terms ones because of impatience , so the lesson I have learnt is do proper research and then hold until you are happy with the return , and the most try not to use borrowed money that you can not service if the shit hits the fan , thats when most get into trouble imo , to me LCY is still a good bet just might take longer than i expected lol