It seemed so obvious when I invested. They would start mining Mt Carrington and use the cash flow for exploring Alaska. A well known company were putting up some of the money for the Alaskan exploration. I should have dug deeper, but as I say it all seemed straightforward. About when I should have thought about getting out I was blinded by the talk of possible Alaskan gold discoveries.
I know in theory all about balancing fear and greed but I still get caught out regularly.
WRM Price at posting:
20.5¢ Sentiment: None Disclosure: Held