If you are trading in this GOD I salute you. Thats how it is done. I traded a bit and had a good profit buff but now have found this low has taken me a little by surprise and am running a negative position. I have push some money elsewhere to cover the loses but will be pulling my negative MHL up with trading as cash comes available.
I am mind 15% is a good deal, not great but mate as has been said if this oil play comes in 15% will be plenty enough for me, then we have the uranium play.
Market has fully over reacted in my opinion (small though it maybe be). Traders with little risk management were burnt and when someone gets burn and can't cover the lose they always cry and run in all directions.
As I said I was taken a bit by surprise, but I have my risk management in place and I look forward to the AGM and 2008 with my long on this stock.
Ztiker
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