EXG 0.00% 3.5¢ excelsior gold limited

And hence the problem with investing in the spec end of the...

  1. 741 Posts.
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    And hence the problem with investing in the spec end of the market.
    Innocent investors are laid bare to the mercy of "sophisticated investors" who can drive the price up or down at their whim.
    The stock was never allowed to gain the price appreciation and momentum in that sector that saw most of junior golds go up 20, 30 , 50 % at that time, the selling pressure began and was relentless.
    Good for you mate, you got out at the cost of other shareholders with out consideration as to the smashing effect on share price.
    There were a number of times I was prepared to sell at a loss also but was not prepared to smash the price down by over 10% in the process to do it.
    Do us all a favour, sell your remaining shares and move on with s708 certificate and good luck, that is more good will than you have provided to other investors that do not have that purchasing or selling power.
 
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Currently unlisted public company.

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