I too feel like dumping all my gold shares. It's been a costly exercise to this point. I also think that the company I am in will come good even if it takes a few months. They have a huge good grade deposit which can be be open cut mined and they are adding to the reserves all the time. This is probably exactly the the time not to sell the shares when they are so grossly undervalued. Also another company is sniffing around interested in acquiring the reserves.
Imagine if you were management with a large slice of the company. What would you do?
I don't blame investors selling off their gold shares. The juniors have been duds for a long time.
Nevertheless it is likely there will be a few real surprises in the months to come.
I'll just have to batten down the hatches and weather it.
We really do need patience.
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