SMM somerset minerals limited

DAZZA,Thanks for your comments. There are of course some losses...

  1. 22,691 Posts.
    DAZZA,

    Thanks for your comments. There are of course some losses to consider as well.

    On 20 Oct 2004, I bought 100,000 @12 cents, followed by another 110,000 @25-37 cents in Febr 2005.

    However, apart from holding a solid core, I did sell some later on so as to diversify.

    The first 12 cents buy resulted in a 16 bagger and I have never managed to get that close but BSG and MOE were outperformers as well.

    I don't think that a loss of say 30% on a stock is that important provided there are multi-baggers.

    And one does'nt need that many of the latter. MOX is a nice one and I think that IMA could be useful as well.

    But we all have our lean times occasionally, but overall, I can't complain.

    Cheers,

    Gerry
 
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