Hi Chipndale,
Remember that you have not lost that 10k until you hit that 'sell' button, and that that is exactly what opportunistic and cashed-up individuals want you to do...panic, and be rid of that nagging thought of, 'but what if it goes back to .014 cents and I could have been out at 10 cents'! Am I right? Cash and nerve are king in such an environment as we presently endure.
All of we believers in this stock get queasy on days like this, but I prefer to concentrate on the following:
- the quality of the APG management and engineering teams;
-the raft of technologies that are tested, useable, environmentally friendly and comparatively cheap to construct and bring to market;
-the support of BHP and the realistic prospect of more large and influential benefactors in the near future;
-the chance of Chinese gold entering the mix this year; and,
-the fact that APG management are now actively marketing this gem of a company with more vigour to a larger audience of funds and other cashed-up interests.
Given the worldwide pressure on markets at the moment, may I respectfully suggest Chipndale, that you reflect on that temporary 10k paperloss as a potential 100k real-time gain by Xmas when the dust has settled on the hedge fund crisis. Makes these temporary setbacks so much easier to deal with...!
Keep the faith.
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