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Ann: Seventh Shipment of HMC Completed at Coburn Project, page-75

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Shaun666

1,446 Posts.

21

14/07/23

14:33

Post #: 68791864
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Originally posted by 2ic: ↑

Well done for staying rational and calling out valid concerns as STA headed down during continual ramp-up problems. You invested, didn't work out, and as things turn out problems were more significant and on-going than management claimed for many months now. Always trust but verify, and be prepared to change your view when things stop making sense... Don't let the peanut gallery tell you otherwise.

Of course, would have been better to have sold on the falling price technical signal coinciding with production contradicting commentary a while back, but that's a difficult call to make when long term investing. Would have been best to sell at the top on 15th Sep before a 50% retracement. Just like Luke sold 1M shares at the peak, maybe he should have been a trader not CEO lol.

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Hi 2ic,
. Thanks for the backup. yes should have sold back then but I thought the story was believable. Not a good sign when the CEO is selling lol. Lots of personal attacks but I have thick skin. What these attackers don’t know is I brought a big chunk of SFX at 19 cents so the paper loss of Strandline is peanuts haha. Have a great weekend 2ic and to the other sensible posters/ holders.

STA Price at posting: 24.0¢ Sentiment: Hold Disclosure: Held
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