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clock Created with Sketch. 13/06/18
17:37
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Originally posted by vmp
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Npj, AC's investment approach is different from many. He is not as open minded imho because of his posting style and (2) not so adventurous because one time he said he only owned one stock and added a second, so it seems he only owns 2 stocks. He was very lucky with Gxy. But he is a LPD atheist. People who have trusted his views when he belittled the platypus in oct and didn't buy into LPD stuck with Gxy with a shameful 7% profit, sp currently $3.20 vs. $3 in October, and terribly missed out on 6 baggers that many of us here enjoyed (though it's down to 3-4 baggers now, if one didn't sell some at 7 or 8c. The way I see LPD, we have a few assets and LMAx. Ignoring the mining assets, LMAx will be a Zero or a mil scenario. So far, the people at the helm are delivering on a methodical way. Whatever ac says doesn't worry me. I'm comfortable to have about half of my holdings on LPD and this won't change unless LPD says "very sorry shareholders, we blew up LMAx." If anyone is worried, maybe a reduction in his exposure Or selling out would alleviate those worries.
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I don't concern myself too much about costing because we know C1 costs are nil, and we wouldn't know otherwise until the DFS comes out. Could even be better or slightly worse, but a dollar here or there is the least of my worry.
(20min delay)