If you count the junior gold stocks, nearly all of them could not make the money.
I hold several gold pennies which go against the gold price movement. When gold up, they hold their price; when gold went into sideline, they dropped down. It is something wrong of the market sentiment which believes the gold pennies could not make money since no any new gold producers could get the production with good enough profit.
As a decision maker to produce gold, if market really move against you, you could not do too much. It is unfair to blame DP since he decided to keep the gold mine in hands.
Do you know the future is not predictable? Who know where gold would go really? How would you evaluate DP if tomorrow gold price was $2500 per ounce?
What's your cause? In the market, what cause could you complete? It is typical words to set up some fake cake in the sky. Would your cause make the profit for the small shareholders in JRV?
You need to be fair and objective to win in the market. You could ignore everything but the logic could not ignore you. Don't make things as black and white around JRV. Don't make every bad things around JRV as the faults of DP.
If DP put the JRV's money into his or his family's pocket illegally, he is criminal. You could sue him. It is a different story from his incapability to make JRV.
Tell the fact by following the logic. It could not work if you use everything to let your angry out since you lost the money. How many people in the last one year lost the money? Nearly everyone!
Don't hit DP to let you feel better even you failed to get risk control for your money. You need to blame yourself first.
JRV Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
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