I guess what I was trying to say about these type of companies, is that every now & then, we strike a winner. That is..........we may make a good quid on them, depending on when we get in & when we get out & also depending on how many times we've caught a good wave.
My experience tells me that to just sit & wait for boom time, from 1 cent to $1, will end in tears more often then not.
So until these type of companies can string together a few years of profit, then I call any investment in them a real punt.
Having said that....I like to take a punt!
Cheers.
VIL Price at posting:
1.3¢ Sentiment: None Disclosure: Held