I think we need to take about some think else for a while, as some of us need to blow off some steam. We are all in this together, in one way or the other, yes I'm down on my investment in RES, as most of us here, some of us have been in this since the CDS days, tell me one thing, why did we invest in CDS all those years ago?....was it because of COAL? and the need for it?
Does the world still need COAL?......if yes, then I'm sure (hoping) that this day will come, maybe not tomorrow or the next day......but it will come soon, I think not this year for finance, but next year for sure. I tend not to pay attention to the sp movement in RES, if I was too, I think I would have sold when we were $1+, but saying that no one here knows what the future is. Can we get back to $1 again? yes I believe we can......but not before we start to produce coal, to do that we need to get finance first, it will happen, just not yet in the near term, after the New Year, maybe my Birthday I'm hoping anyway.
Some of us have been burn badly by RES, when you look at other stocks on the ASX, and think were the duck did I go wrong with investing in RES, we all know that coal mines take around 5-7 year to get into production.....but RES has taken that LONG to get the ducking finance. I tend not to look at the sp of RES much, because I know, that I just might throw my ducking laptop out the ducking window one day, as I know most of us here have thought to do just that one day.
Anyway, as I'm having a few too many beers tonight,(I don't think I will stop until I drop) I just thought that I would have a say hear, as I believe, that we are still very lucky here, we all still have our health, most of us here have jobs still, families that we love, and that love us....as well as the love for waldo lol.
What I'm trying to say is this, lets not get too Personal here, life is too short for this kind of crap sometimes!
Now below is what will happen in 2016-17 I believe....... the boat trip of all of the LONG TERM HOLDERS IN CDS/RES
PS I bag the 4th in from R/H side....as well as any left overs if any lol.
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