Quit worrying tiger - I have held this stock for only 3 months...

  1. 564 Posts.
    Quit worrying tiger - I have held this stock for only 3 months and have ave around 35 cents and have alot for than 150K.

    Like you I was concerned about this stock for the first few weeks, particularly when my first parcel was 41 cents.

    As time went on and I researched further the more confident I became. This stock has been played with and looking at the mill at 22cent looks like it may well be again. I don't see this changing until we get production news and the sight of the first few pay cheques.

    You are right to question valuations particularly as miners fundamental are very different to industrials.

    The hedging, the forward sales and the commitement to further exploration has me confident enough that this company has a future.

    Don't worry your will find plenty of interest @ 22.5 cents.

    Good luck

    One I have learnt with this stock is there are better things to do than watch it go down - like go to the pool with my son.
 
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