KBL 0.00% 0.1¢ kbl mining limited

Buyers and Sellers, page-12

  1. 223 Posts.
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    Y'all tripping.

    You don't buy a stock like this unless you honestly at terms with the very real possibility of doing your doe.

    High levels of debt equals high leverage post hoc ergo propter hoc greater risk v return.

    Rule one of gambling, don't chase your losses. If you're not happy with your losses, have a think about how you might feel had you lost the lot.

    The reason why shares are safer (relatively speaking) than derivatives is that they don't expire. So long as the company can stay solvent there's a chance you can ride out the downside.

    I'm ridding this baby all the way down. I accepted the risk when I jumped on. I took a risk that the doubling of their share base and subsequent $6m capital raise had been priced in and would be enough to pull them out of their funk.

    If I'm right I'll make a lot of money, if I'm wrong I'll lose a not insignificant amount. Is what happens between now and whenever that might be concern m? Not in the slightest.
 
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Currently unlisted public company.

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