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01/05/20
19:05
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Originally posted by Foxdog:
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Thanks Wooky, after all there's still surf. But this has been a huge part of our lives for years. Very sad that such a promising project has failed, I think due in part to incompetence that then led to outright greed and self preservation. Congrats m8, on pulling the pin when you did, nice to see some of the good guys getting out in time. I remember saying that I'd ride this all the way to glory or oblivion and I ended up not selling a single thing. And that's the kicker for me, if I say something I stick to it, not through stubbornness but rather a sense of integrity. I expect that from others, in this case the individuals running LNGL, they have collectively and individually fallen well short. This has become a significant capital loss that will be used to offset capital gains from more sensible future investments - a small consolation.....
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Blame the market. You have no evidence to accuse management.