we seem to have done to death all the latest announcements and...

we seem to have done to death all the latest announcements and what they may or may not mean. what they say and what we think we say etc. the nagging question now in my mind and probably many others is what do we do as individual shareholders? do we sit and hold and wait for it to play out? do we get nervous and sell out for what i feel many (including myself) would be to crystalise a loss? do we buy more at what could be considered bargain basement prices? well a few things are sticking out in my mind to support either holding or buying more. definately not selling.
buru appear to have not sold any of their nse holding. that has to be a positive. buru know full well the contents of the canning.
acorn appear to be not selling. that has to be a positive.
a lot of what could be called "bad" news has been released yet the sp seems to have found a trading range between 17-20c. that has to be a positive.
personally i was waiting for the sp to tank after they announced basically that they had no plan going forward and they were still trying to align the stars. by the dump not coming my interpretation of that is that all the nervous nellies (as they are referred to) have sold out and crystalised their loss down to the 17c low i think it was. the strong hands and large holders (bru and acorn to name a few and hey lets throw anatol in their too) have held or accumulated more (i have accumulated but am not a large holder by their terms). aside from cost impacts to the gibb maitland debarcle it would appear all the so called bad news is out. but the good news is the potential resource is still there and imo nse have pretty much confirmed the resource is there. they just have to hit that sweet spot and there could be many sweet spots to hit. remember this whole program is supposedly to just collect data and if they hit conventionals along the way "thats a bonus". well it appears they have hit conventionals.
anyway i think those getting in now or continuing to hold have seen the worst of it and from here the potential downside should be minimal.
all imo dyor