Goldy I completely agree with you. my concern is the MinIsters decision when I was sitting on such a large gain.
Your comment relates to financials, and i agree with you completely. this Is a fantastic Investment...If they own the asset long term.
The Issue right now has nothing to do wIth financials. Its regulatory legal problems. Australia Is a global leader In mining, but Is globally laughed at for Its regulatory Insomnia and Indecision. if they come out with a negatIve surprise, we're talking civil proceedings Supreme Court. price would go down big time. delay would be one year minimum with gamble on Supreme Court judge verdict. then if appealed, high court Canberra. another year delay.
that's why I'm happy to take huge gain now, exit, watch....and if it turns out ok, just buy back at higher price.
because the alternative is nasty. as mentioned previously, I've thought more clearly, this is gambling not investing.
this is a very strange situation
KDR Price at posting:
$1.25 Sentiment: None Disclosure: Not Held
