bungy, I see what you're saying and I myself bought in Jan 07...

bungy,

I see what you're saying and I myself bought in Jan 07 and have accumulated at progressively higher prices as the picture got clearer.

The last piece really needed to convince me beyond a doubt that railway has the goods are wide high grade intercepts coming back from these 3 new holes to show continuity towards the Eastern boundary.

I haven't sold a single share since my first purchase but looking back the sad fact is that if I had traded in and out around the announcements I could very easily have double the number of shares I currently have.

Each time I read the announcement and don't sell because I feel the market might catch on 'this time' and fear being left on the sidelines as UMC takes off.

I don't even consider selling nowadays as by August when the maiden JORC is proved up I don't see how this could be less than $2. Still, it's hard to argue against a trading strategy in this volatile market where opportunities to re-enter cheap are plentiful.