Well, after 2 years in this one I had to sell out at a loss @ 1.7. Really disappointed as I did think (with research and analysis) that this was definetly worth more than 2c. Whilst I'm intrigued by the increase in Weiss holdings I think this will take some time to play out and the real story to emerge. But time to move on, take the loss and recoup in others.
Its a shame for a company that was on the cusp of being a reasonably significant gold producer and getting the mine up and running within 2 years with the considerable capaital funds spent on refurbing the plant (I think the plant itself is worth a whole lot more than the current offer!!). Good gold grades, good acerage and nearology.
Good luck to all that are still holding. If I had more patience I'd probably wait it out. The best parting advice I can give - never fall in love with a stock, think with the head not with emotion when it comes to the share market!
Cheers All
Maddoc
SBL Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
