the idleness of march, page-19

We all make mistakes. I sold at a 1.00/1.10 odd only to see her fly up to 1.62 at Christmas 2006 then got my HINs together and piled into the SPP then averaged down post SPP and sold out - URA was an error of judgement. LOL
Funny though, I could see the conflict of interest, delays, and lack of transparency etc and I used to allude to the negatives even when I was holding, but it was similar to slicing your finger with a sharp knife while chopping something in kitchen, You almost know you are going to do it, and you don't feel the pain until you pull out - like a slow motion train wreck.

When I saw the URA for an Exploration and Mining Manager in late 2006 in miningnews.com, I became reasonably convinceda nd that time, the management looked clever, experienced in creating shareholder wealth and astute.

I missed the transparency and I lacked judgement in the management - even though they had prior successes.

I should have participated in the recent spike as I could see it coming but I backed off and it went without me.

The losses keep us all on our toes.

C'est la vie! Do you hold options and at what average?