@Deboss - you holding much too?
@Smugtown - completely agree with your position. I'm in around about 550k @ same average. I got a small order on the list now. I'll keep averaging down and accumulating, while it remains in decline (and with whatever cash I can get from work).
@takealoadoff - my risk profile has always been high to extreme
... especially since my wife told me "we should seperate", before she had the 4th kid (that she didn't want), but that I eventually forced her to have after she screwed my --- worst performing investment but that turned out to be the best........
I could write a book about it one day. Put in $40k (to a non-mining stock - con/staple). It went to $13k value (after 7.5 years). I transferred it to her at market rate, when she had the third kid and was telling her it would rocket up eventually and the tax would be minimized using her (as a vehicle instead of me - when I'm working and she isn't). Guess she didn't care about me or what my opinions were. She said just sell it.... Was at $67k value when she sold (she held for 1.5 years) and less than a year after the sale it was at (if she had of kept it) $480k.... she missed out on roughly $413k profit in less than a year. In hindsight.... all I know is that she actually doesn't care about me. So as such I've been putting in a couple of different things which should shoot like that (including this)... I can't be certain about anything but in all honesty.. for the diehard.. who are active now. It should be a killer within the ramp-up period and onward. This is the bet we make. But all I know is, these opportunities don't come around often.
@takealoadoff -- What would happen if you lost all your investment?
Well I'm up for a fight. If they can't fix it up...... alot more investors will lose than just me.
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I will never sell this, before it has made a killing. This is long term for me. If I lose the QHL investment I'm still ok. I already got $66k carried foward CGT tax losses. My wife doesn't want anymore kids.. and I'm 32 y/o. What else do I have left in life to do?? lol wait
and accumulate
Oh and my wife doesn't have anything to do with the shares any more and I don't tell her anything either. So when I do make a killing.. I got plans..
(20min delay)