Ann: Diggers & Dealers Mining Forum presentation, page-51

Most who bought at 6 have likely sold by now (wisely). I was mainly referring to the last couple of years which has been a hard time for holders. The track record of RED gives posters every right to attack the board. It in not necessarily 'in the guise' of anything.

Incidentally I regard your position a good investment but not a wise hold.

1. You had a 5 or 6 bagger.
2. RED hit trouble for a couple of years where the true incompetence of management was revealed (and associated financial impacts).
3. You now have a 3 bagger - but that's not the point, read below.

So, what if RED sp continued to fall to lower levels at any time in the last 2 years? You'd have less than a 3 bagger. If you repeat this strategy and hold a badly performing company from a great initial entry you will lose big time.

Contrast that with:
1. Selling based on 5 bagging per se.
2. Selling based on RED's poor metrics of Darlot and Siana at anytime in the last two years (a major signal).
3. Rotating some of that 5 bagger into a quality company with nice divvies and good CG prospects.