BSR 0.00% 1.3¢ bassari resources limited

Ann: Makabingui Gold Project Update, page-12

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  1. 198 Posts.
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    Asculpeous,
    You said all comments welcome so I'll provide mine which are in no way from experience in the industry or investment in general. I am an investor though and have to make my own call. So here it is.
    I guess a lot depends where a person has bought in. Some were lucky enough to buy in at current day prices. Others may have bought in at 20 or 30 cents years back so they would have to wait. For them even if it gets to .05 cents, its still a huge loss for them. They cant really sell I wouldn't have thought. Also, depends on who needs many and who can afford to wait.
    For me, judging by the amount of gold that we may have in the ground, surely the share price would have to grow over time, that's if we can afford to dig it out of course.
    Anyway, Ive stayed the course long enough. I'll see it out until I feel Ive had a fair return (hopefully). Would love to see it return to 20 or 30cents but of course there are many more shares these days so not sure whether that's a reasonable expectation.
    GLTAS
 
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