IGR 0.00% 50.0¢ integra mining limited

what can happen to goldies like igr ..., page-3

  1. 24,765 Posts.
    You're probably right Bolwell.

    Just like many are getting shaken out of IGR right now or maybe even got shaken out around the nonsense 10 cents GFC lows.

    To successfully hold a stock that becomes a 100 bagger or more one must understand the underlying value of the company, hold it during a long term uptrend of the commodity or money it produces, which is the case for gold miners, and not get shaken out along the way - in other words be prepared to accept the corrections.

    I very much doubt that any investors have such telepathic knowledge that they alwys know when to sell before a major correction occurs in a long term uptrend and then they also always know when to buy back in.

    The aim imo is to be greedy, very greedy with gold stocks, believing that gold in this bull market will go to prices most don't really think will be possible and that this will be accompanied by manic buying of gold shares where investors, including the general public will be clamouring to buy at any price.
 
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