I do understand they are sitting on a mountain of gold, a relative who is a geologist pointed out the technicals to me last year and she has been buying stock. Four of my mates have been buying stock after recommended IDC but they are buy and hold guys. I have a sell rating on them cos I don't trust gold miners or the market. or idiots in suits or anything that involves money, gold, mergers or speculative joint ventures between unknown suitors, or chats behind closed doors. Also I doubt they can pull of a quick clean agreement
Besides that, the stock wobbles all over the joint. I have been told enough BS about this stock in the past. I was once told it would be at $1 xmas 2013 and that it wouldn't go below 10c. And people have the gall to call me a BSer or a fella with no clue.
I have no doubt gold will come out of Mt Kare and heaps of it and I will buy more stock at 4c.
Generall I will only hold stock thats moving up, but while a stock is wobbling around I am a short term technical trader. If my opinion influences the market to my favour then so be it but I doubt my opinion matters to a stocks price.
My only obligation in life is to my immediate family and friends. I owe none of these companies a damn thing. THEY OWE ME FOR EVEN LOOKING AT THEM. As far as I am concerned every stock I have money in OWES ME and if I don't get a reward then I will pressure them by canning them in whatever way I can. They have MY money and I want a return. I am not in the market to make friends
Also I work in a corporate environment and I find more than 1/2 the decisions made are stupid and reactionary. I reckon the IDC fellas are probably all top blokes, but no doubt the male ego will sneak its way in causing someone to make a stupid decision. Where the funding - get the deal done - I don't have all day - we aren't going to live forever. I say SELL - Keep the pressure on them to PULL THE FINGER OUT.
Now if anyone wants to get their jollies on paying out on me - go ahead - unless you are someone I know personally I couldn't give a Rats bums
As far as I am concerned, how do you even know folks aren't nicking gold before if hits the scales. Investing in Gold miners is risky for a million reasons. Look how many junior golds are on the market in the sub 10c range. I couldn't give a hootin toot about the guys who run gold companies - they're like flies - theres always another one to take their place, I want return on investment NOW!!!
Some of you should stop living in a casino or in a sweet land of kittens, puppies and candy floss and do a "Chopper" and "harden the heck up"
THE PEOPLE THAT RUN COMPANIES OWE THE INVESTOR - YOU OWE THESE IDIOTS NOTHING - THEY ARE PLAYING WITH YOUR HARD EARNED CASH - YOU HAVE A RIGHT TO PRESSURE THEM ON WHATEVER FORUM, BY WHATEVER MEANS IF YOU THINK IT WILL MAKE YOU MONEY!!!!! In the market, its every man for him or herself - IDC - A BIG FAT SELL TO 4C
I do understand they are sitting on a mountain of gold, a...
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