DML 0.00% 1.9¢ discovery metals limited

I have my fingers crossed for a good outcome. I am not overly...

  1. 328 Posts.
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    I have my fingers crossed for a good outcome. I am not overly optimistic by nature, as the unexpected tends to happen when you least expect it... I was thinking with the election about when the mining tax was first introduced/mooted in Australia. My memory is not that great, but on black Monday I lost about 25% across the board. I had a reasonable stake in GBZ (only an explorer, still not a producer) that went down from 0.12 to 0.09. Do you think that 25% will ever come back? These are losses that it's impossible to predict, and even harder to find rational explanation why on paper - I've just lost a sizable chunk of value off my portfolio, when the company GBZ still to this day has not produced, not mined, not made a profit, not made a super profit, and is a copper and gold explorer. Like I say - expect the unexpected. Good luck to all holders!

    Lairy

    Disclaimer - some facts are hazy (I blame beer)
 
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Currently unlisted public company.

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