why rat angers hnr dana, page-3

Hardmano,

With someone like yourself, who has such a deep knowledge and abiding interest in HDR, coming to the view that HDR is now a trading stock and not a hold - I find that quite poignant.

I first invested in HDR in 2003. If you asked me back then where I thought HDR would be now, I would have said $7-10+ The ongoing exploration disappointements were the first indicator that it was not going to be a smooth ride. Then there was the Tiof issue, and then Chinguetti. The upside represented by Uganda has not been enough to offset downside of theseofhter issues.

It's not all doom and gloom however. But as a share market participant you have to react to market changes rather than holding on in hope for what you would like to be the case.

It is possible, as I'm sure you are aware to use knowledege about HDR price drivers to take advanatage of its innate volatility, and grow capital via trading. As someone who is a more inclined to want to invest rather than trade, I have had to alter my approach to HDR. But you have to cut the cloth to fit the suit & not vice-versa. HDR is now a trading stock. And there are signifiacnt gains to be made in trading the volatility.

I have found if that if you don't to take profits when they are there for the taking, they might not be there tomorrow.

Cheers