He could easily have liquidated his holding to pursue other...

He could easily have liquidated his holding to pursue other sector investments but instead has HELD and what's more, done a very clever sanguine into the coal industry by other means. Not a bad example. I have no doubt that at heart you are a well intentioned and passionate investor. A strategic view of EXT today is amongst the strongest in the resource sector. What we saw last year was the usual first-stage euphoria behind its enormous size and (then) premature TO attraction. In reality all that has changed apart from non-sector, global hiccups, and the regrettable election of a garden gnome, is that its become necessary to actually establish the true numbers behind EXT. This is a good thing because the market will give you more for a known quantity than it will for costly 'potential', and all this takes a little time. If you're a trader you might take a different view but ultimately the punters that own EXT at the end game (a matter of months) will reap the ultimate rewards.
I'm no investment guru Transtar and I've made my share of mistakes over the years, but I can tell you that despite a few trading highs along the way, my long positions have been the real winners.