I assumed before consolidation that 0.001 was the bottom and even though my heavy investment at various prices averaged my purchase price down to about a cent, I held thinking 0.001 was the bottom and it could only go up.
After consolidation investment halved again quickly. Joined in the capital raising to average down again. Then fell further. So got more to average down again.
They say never have all your eggs in one basket but at one stage I admit, I trusted the investment and trusted the management.
I still hold as to me, it isn't the top 20 shareholder selling as their numbers remain unchanged. It isn't small investors either as around 98% of holders have unmarketable parcels. It's only a few selling down for reasons I can't explain.
Copper isn't a bad sector to be in. Their assets aren't half bad either. With new company name and now with a new board in place, I'm tempted to keep buying more.
No one in their right frame of mind would join the board of a sinking ship. It would affect their future career.
VOR always had an element of surprise. CJC can be the same. And now with less shares out there, the share is less liquid.
Yes I may be crazy, but I will still hold. I'm sure the new board is working on a plan.
VAL Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
