I sold GGG when it was announced that it was going to be a focus...

I sold GGG when it was announced that it was going to be a focus of an election in Greenland because the risk was just too high. Yet even with a disaster at the voting booth and the election of an alliance that is against the mine, the price hasn't totally tanked.

If I thought BPH was going into a similar situation with such a high risk profile, I'd be out like a flash. But that isn't the case. The only negative of any substance in this is the amount of time it is taking for a decision.

On that, some things take time. That's where patient investors win out. The shares start out low and flat and trade in a range. They jump up and fall back. And all during this time, the smart investors prepared to take a calculated risk, keep adding to their position on weakness.

When the catalyst decision finally comes through, the price takes off. When the train leaves the station, the patient investor gets the benefit of the impatient investor who can't stand waiting but are prepared to pay a premium to get in on something hot.

Based on the deciding Minister's comments - where he hasn't uttered a single negative word against the project but he argued its merits many times in public forums - this is not a matter of "if", it's a matter of "when" we get the go-ahead.