Re: GAX / Hoov
in response to
by
posted on
Sep 10, 2010 04:57PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
I am in the same boat, would have to sell something to buy some GAX, hmmm which one do I sell GNH (no) CMM (maybe) KWG (maybe) UC ( hmm, probaby no) NOT (no) KRY (?) Will have to think it over.
I am also in the same boat - but I took the plunge and got so sick and tired of Noront and its SP, that I decided to sell the remainder of my shares a few days ago at $1.34 and buy GNH at $0.62 - as of today it looks like a great idea.
Selling NORONT was bittersweet, I have been in it for over 3 years and I should of (like many on here) gotten out when it hit $7, but you live and learn, I got greedy and saw it come all the way down to 50 cent level where I bought more. Long story short, I made money on NORONT, but not nearly the amount that I envisioned making when I first invested in it and when Mr. Nemis was around.
Now that I am fully in GNH, and have done my DD and know from some of the great posters on here (Hoov, glorieux, bratty, etc.), I am confident my decisions.
Noront did teach me a few things: You cant fall in love with a stock no matter how good it is; Take Profit Always!; sometimes you'll buy in at a higher price and wait for a stock to go up - guess what it may neve go up, cut your losses and put your money elsewhere (TBM taught me that). I lost money on TBM, but decided it was time to move my money into GNH and get my losses back - in the past, I would wait for the SP of TBM to recover - big mistake!
I am all in GNH, and glad to be on the GOLDEN train to hopefully retirement, freedom 35 sounds great to me! - I have no problem being patient and waiting for assays, would you not wait another year to see the SP hit $5? Of course you would.
Enjoy your weekend folks
Peace
TMl26