CAI 0.00% 11.5¢ calidus resources limited

Ann: Quarterly Activities Report and Quarterly Cashflow Report, page-48

  1. 1,754 Posts.
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    I got out mostly when the bad news started, but it was still near 50 cents. I was adding into the upward, which generally makes more sense than topping up a loser. I got out because I have owned heaps of other gold stocks (good, bad and ugly) that have taught me to get out when things start going badly, especially for an early stage producer. I dont have any insights that are worth sharing, apart from, when the narrative changes consider your position. The narrative changing followed by a heavy share price fall is not always a buying opportunity, nor is it a bankruptcy candidate. Therein is the paradox of investing, where we have to discern our best way forward.
    I am disappointed with how this has played out, but people on the forum trying apportion blame to DR or to the bank or whatever is pointless.
    You make a choice and you run with it, but if your choice is wrong then simply go to the bathroom and take a look in the mirror and you will find who to blame.
    I hope you all make good money here with CAI.
 
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