Blackie, Blackie don't be a wavering reed blown about by the day to day oscillations of market volatility.
Think of why you bought NCM in the first place and if the reasons remain the same, then hold your course.
If not, sell and run away.
For me, nothing has changed - this stock has oodles of potential. Telfer is destined to be a winner. The joint venture with Harmony in New Guinea will excite the market in 2009/10. NCM is on the acquisition trail (see today's announcement).
And while gold's long term uptrend is intact (which it is) - there is no cause for alarm.
So, sit back ... have a stiff drink (or two) ... forget about the daily/weekly/monthly fluctuations in the s/p ... and keep focussed on the big picture.
My gaze is firmly on the 2009 - 2011 horizon. Big time frame ... yes ... true ... but, on no margin / loan I can afford to wait.
Jesse Livermore: "Be right and sit tight."
Add to My Watchlist
What is My Watchlist?