Disaster, page-4

I too have relied too heavily on thinking big name shareholders and MBL would keep this running through lows in the IO price. Hell of a knock and now can only see pleasure in taking a tax loss against hopefully gains on DEBT free plays and other more stable investments. If there is one thing to take out of this disaster is to look very closely at debt profile of junior miners and be very aware that bankers will quickly pull the plug when going gets difficult; unfortunately shareholders get little if any after creditors.

Have faced this before but remember keep positive and invest with the wisdom of past trades.