KGL 8.70% 10.5¢ kgl resources limited

kyrgyz election emboldens aussie miner to dig , page-20

  1. 13,781 Posts.
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    Canonman there is nothing wrong with posting a balanced view (only a negative view can balance our posts here), but only where that negative view is justified.
    If I was to worry about late announcements I may as well not even be in the market.
    Andash approval seems as close to a sure bet as you will get in the market.
    I have been accumulating lately since 10.5c, and the prior round of buying for me was under 10c.
    If I wait till after the announcements (I believe likely this week), then I would probably be buying in the teens.
    Not only would I be out of pocket by many tens of thousands of dollars by buying higher but I might be buying only to possibly watch it drop short term from profit taking.
    Or I could wait to see if there is profit taking to try and buy around 11.5-12.5 at the risk of watching it power ahead to 20c or more and missing out entirely?
    Why bother when I was able to buy cheaper?
    I know extreme value when I see it.
    News delays don't change that valuation.

    If you want to post something negative to balance our positive views, at least find something which is more negative than delays of news.

    No personal attack whatsoever intended so please don't take it that way.
 
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