General comments/chat, page-34051

Emotions running high for many people across a wide range of stocks, and I also imagine home owners.

I am hoping I have selected my stocks wisely enough and with ADN being my biggest holding for almost 4 years now.

My thoughts are that this last 6 months have been getting worse with each passing week and it would be an astute investor to have foreseen what lay ahead at the beginning of the year.

Sadly I wasn't one of them.

As much as it hurts not to have taken some off the table at the 40cent range, I didn't because of believing it wouldn't drop below 28 cents and the tax implications.

I have been through this drop with a couple of previous stocks that I sold on the slide down and they have gone on to appreciate massively in the time since.
If I had rode that cycle and not sold and held my conviction of why I had bought and not ventured into other stocks including ADN I would be set for life.

ADN has not changed with its prospects since the over valued 40+cent days.
There have been so many milestones achieved, yes slowly but this the type of investment we are in.
As Pezz said, people underestimate what is necessary to progress a company to production and particularly in a little known sector and current market conditions.

Yes I would like a little more communication from the company I I see coming from a Rare Earth stock I hold.
That said it has also lost 50% of its value in the last 6 weeks, and I consider it as a company comparable to ADN.
It also had a great resource update in the last week or so.

That said it was a waste of an announcement in this market.

As much as I would like an announcement to settle people's nerves I think I can wait another month and maybe the environment may be a little more forgiving.

Lastly I don't understand why people are selling knowing we have maybe another 12 months plus to we are up and running.
Hold your shares guys and don't feed the market.

Best wishes
Mick