The Good Doctor, For a guy that has been reduced to eating Chum...

The Good Doctor,
For a guy that has been reduced to eating Chum & living under a bridge, to find spare $ to
continue to top up speaks volumes for your intestinal fortitude, not to mention your belief!

This period is indeed a double edged sword for many. I can understand the angst at looking
at paper losses {I too am in the red now}. Fortunately I have been keeping the powder dry for
such occasions and view this as a great opportunity. For those that find themselves without
funds to add or their belief shaken, I say fear not.

I have held FAR pre-Kora and here have been some of my decisions along the way.

Bought FAR @14c pre_Kora --- FAIL.
Did not buy FAR post Kora duster in the 2's & 3's---FAIL.
Did buy in the 4's, 5's,6's pre_FAN/BEER discovery--Success {I suppose you could say}
Bought FAR in the 10-13c range post discoveries---FAIL.
Did not sell FAR post discoveries @14-15.5c levels----FAIL.

With my trading acumen & guile, I probably should have joined you under that bridge some
time back.

In a nutshell, I proceed with the assurance of a sleepwalker, knowing that the time is fast
approaching at least, as to whether I end up walking over the cliff or wake up and get rewarded.
Regardless of how low the POO may sink or for that matter FAR's SP from here on in, I don't
think anyone can say that FAR's SP will be at these levels post successful appraisal, of which the
odds remain insanely attractive v the odds of discovery. For me at least, I've held at pretty well
these levels for over 5 years now.

For a result that is at most 4 months away, it would be remiss of me not to ADD at these & lower
prices to hopefully erase my previous trading mistakes and to take advantage of the prices v odds
at this stage of the cycle. Let it be said of course that this is my personal situation and I certainly
empathise with those that are stuck at a much higher average and with no funds to average down
a bit/lot.

I am a hopeless trader as witnessed above, however my predictions on at least the POO and the
world economy have proven a touch better, particularly in the last 6 months or so. I think that
the one thing that may give us some relief re the POO before appraisal {and it's coming very
soon} is the decision whether or not to raise interest rates in the US come September. I have
argued that this has been a ruse for 2 years now and I see no reason to change that view. Saudi
increases in production, coupled with a slowing world economy and the subsequent oil glut have
played a longer term effect on the fall in crude, however I feel that the damocles sword of higher
interest rates have been the main catalyst for the more immediate drop in price. Hopefully I am
correct {for a change} and it gives us some impetus and spike in the POO coming into appraisal.
"God" knows we need a change of luck/sentiment.

GLTAH