OGX 0.00% 0.3¢ orinoco gold limited

Not averaging down has turned out to be one of my finer...

  1. 1,402 Posts.
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    Not averaging down has turned out to be one of my finer investing decisions. I was so close but thought I'd just wait a bit - and that cautiousness has been a blessing. Would have been right p'd off if I'd shelled out more money to attempt an exit with less loss only to have it collapse like it has.

    Plenty of people have said it already, this thing is done. Commiserations to all who have lost money in this. My losses are not drastic, but enough to sting. Lesson learned... don't be greedy. I was up 300% at one stage.

    When you think back to some of the clearly BS announcements it's pretty unforgivable. I do wonder sometimes whether the game isn't really about raising funds continuously to keeping paying those large salaries. Mining success is optional.... just my suspicious mind I suppose.

 
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