low of the day, page-5

"Got finally out, but had to take a acceptable loss."

Sounds like you bought (your disclosure yesterday confuses me though)in to the pump and sold into the dump?
Nice strategy

Another strategy would be to hold for the Mongolian/Indo licences or downramp for a better entry price to cover losses


Anyway, best of luck to all holders. For perspective, I would look at the other explorers in the region for further info and see how they have performed. The important issue for me is where these Mongolian licences are located, their size, previous exploration history and our cash for future drilling! I would like to think that ME with his extensive experience in the coal industry is able to pick quality projects. As always, dyor