OAU 0.00% 0.7¢ ora gold limited

gone beyond a play, page-12

  1. 1,387 Posts.
    there's also a big difference between real value, forward value on geologocal modelling, (what u hope is there) and the price that is paid.

    Unfortunately, the market has twists and turns, that we have seen which throws fundmentals out the window, else THX would not have been valued anywhere near where it was, or is.

    What i am saying, is that your wifes point about taking profit, is about the market next week, or next month, nothing about whats in the ground.
    Wouldn't you prefer to have a cash reserve, in part from profit, and retain the remainder in script, a bet each way.
    Then when it dips, as is inevitable, how far, depends on what curve ball the world throws at us next, to rebuy even more?

    A profit, staring at one in the face, can often be ignored by blindness from staring into the sun of the blue sky.

    Until night falls of course, and then its too late.
 
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