Blue chips stock are different. SDL is not a blue chip.
If you dont think the stock will go down .. then you purchase now and not look back, because this was the price you where happy to pay for it.
SDL dont own the rights to mining ore, they own the exploration right that can convert to the mining rights once conditions are meet. If they dont start mining showing the goverment can ask them to leave. This is happening in that part of the world more often to prevent people sitting on a large ore rights and selling them off to big blue chip mining companies.
So with this in mind. .... risk vs reward, Is there better company that can present a better risk vs reward ? ...
I believe yes, but that a personal thing.
I am currently in BBP -- think of the risk with this stock. :)
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