CLZ classic minerals ltd

Watching this forum is an interesting study of human nature. So...

  1. 2,652 Posts.
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    Watching this forum is an interesting study of human nature. So many people when they make a mistake have to blame someone else for there (in hindsight) stupidity in the way they trade shares on the stock market.

    People had different approaches, many did not know how risky the gold exploration sector is (only around 1 in a hundred deposits gets mined profitably). Many still dont know the sector is still almost totally ignored by the general investing public so capital raising is extremely difficult and can easily kill off a project ...CLZ is a classic example of how if you strike difficulties with finance the hole just gets deeper.

    Many investors didnt do any research on the history of the company or its personel. And many bought at 0.1c thinking they would make easy money as any increase in the SP meant they at least doubled their money.

    Most people make mistakes when they start trading on **promotion blocked**,and sucessfull people learn from their stupid mistakes, and move on.

    But not all. Many are here posting, blaming everyone but themselves. If they continue trading on **promotion blocked**, sucessfull traders will make money at their expense.

    Aint that the truth.

    (prootion blocked =a sx)
    Last edited by ghosta: Tuesday, 11:23
 
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