vulture that is why I'm not a trader.
however I have managed to successfully lose money as an investor.
You can expect to lose about 40% IMO especially when you start out and are not sure when to exit a stock. I haven't managed to lose that % yet but there is always scope...lol.
I recall you trading meo, vulture and that was a shocker. all this talk about steel undies etc from traders.
I KNEW it was a speccie but you can get caught up in the hype. A lot of ramping of that stock, and so it should make a person wary.
The rule for investors is do not buy what you don't understand, and I didn't understand gas exploration enough to realise that the type of gas they found was not usable and sell signals were out well before the ann. Traders bailed early! I assume you were one of them.
That said, I'm not an expert on mining either, but I know more about it than gas. follow the money is a sound principle to follow but also I like the leadership of this company, the strategy and the assays, and the fact that this is open at both ends and beneath. there is a lot to like IMO and I have held for at least 18mths.
Accumulating more now, as with a speccie I've learnt, don't commit fully at first, dip your toe in, and on trend of solid news, start accumulating. IMO.
cheers
DV
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