ODE 10.0% 0.5¢ odessa minerals limited

Update on Sale of Business?, page-56

  1. 1,983 Posts.
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    Of course holding at least until announcement, but more likely 5 years. There are always other opportunities. If you miss one today, there is one tomorrow. Anything that’s 97-99 percent down over 2-3 years I am an automatic in, esp when I see massive institutional or general investor support start to build. There is generally a reason for that, but also the liquidity gets wiped at the bottom. The fact that this time it’s the directors buying at the bottom and so much of it, then the further issue is a bonus boost for confidence and safety net. You make money from the volatility but it needs to be extreme. The key is to go in when there is an opportunity and hold long term. But not everything in one basket and you have to get it at the very bottom. Investing is to increase opportunity and reduce risk.
 
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