Hi all.@ThSpeakAge@bushmasterAt this point, one always has panic...

Hi all.
@ThSpeakAge
@bushmaster
At this point, one always has panic and or complaint.
My entry price is higher than here and I have a BIG handful.

Did the sky fall in? No
Has anything changed? Yes

So what's changed?
The only thing I see is the sp.
If I buy in above this point and it is now cheaper, I have an opportunity to buy more at a better price.
Drilling to commence around August, right after the coldest part of the year which is short lived.
Meantime, I still think we will have another acquisition.
We have enough money for both and to see the year out.
If we don't get the acquisition, we have more money to drill.
I would prefer to be buying more silver in the ground for 27c than to be drilling but really can't complain about the targets.

There is a new interview out with Rick Rule on Small caps with Kerry Stevens.
Here is a link.
Great example given when Rick Rule invests in a well known Uranium stock back in the day.
He bought in at 10c. It went to 1c so he was down 90%.
Bought more and rode it to $10
In this game, if we can't take a 50% punch in the face, we need to get out of the business.


I am sitting and watching to see if I get an opportunity to buy more.

The only thing missing at the moment is a run in the silver price.

Patience is my motto here.


Another example of holding the line.
I bought my first parcel of deg t 27c.
Averaged down and bought more at 5c.
I was holding as it went to around $1.47 when I exited.

I am in for the long haul unless something does actually go against us.
I hope that helps.


Kind regards, Wack.