Thanks Positive Carry (and others) for "bucking" the system...
posted on
Nov 12, 2010 12:33PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
First off let me begin by thanking POSITIVE CARRY (and others) for having the guts to step forward and question the workings of "our" company. I for one have felt intimidated for sometime to ever think of posting anything "negative" on this forum. It seems that when one questions something, or wonders why the share price is dropping, you are labelled a basher and run out of town.
Positive Carry (and others) have raised some GOOD questions, without real clear answers. Some points I have thought about, and offer for your consideration (assuming you care what I think)....
1) Where are the results? This stock continues to drip, and hold in this .45-.50 channel until results come out (AND hopefully are favourable) otherwise we sit stuck here. (I know...patience...patience)....
2) Where are the NEW investors? Shows in Hong Kong, the USA, etc are all a thing of the past? Why is our volume daily still down? Where are these new investors?
3) James West - while great he still "plugged" us on TV, why has he been so quiet for so long? What are the circumstances of him no longer being on the payroll? Or is he slowly distancing himself?
4) Regular news releases, don't seem to be occouring - I won't get into the who said, he said, she said game on that one.
5) You can have a trillion ozs of gold in the ground, but if you don't have the equipment to get it out, the investors to pay you to do it, or all the other necessary levels - it doesn't much matter.
GNH is one of my biggest holdings, and currently I am in the red still holding this, but I continue to due so, in hopes that all the "people in the know" really are in the know, and something good comes from all of this. However, I do have various stop losses set, and willing to walk away from this stock, should they trigger.
I held another company up until today (when I sold it for my huge tax loss), that cloned sheep, and was going to be the next huge bio-med company up and coming, well things went south for one reason or another and I am down 500% almost on it. 2 years ago I would have gambled everything on it (glad I really didn't!!).
The point of my post is this ---- I love the positive news here (when it happens), but we also need to protect our "nest eggs" and preserve capital. I just hope people don't ride this all the way back down to .18 and still pump it to be the next big thing.
Finally, I do hope that things work out for all of us, and there are credible reasons explaining everything. So please don't take this post as a pump or and a dump on it. Just food for thought.
Having said that, I know that some will still "bash" my opinion, and explain to me how I should sell, I should't have a non positive anti=pumping position, the sky is the limit, pick out one thing of my post and "correct" me on it, etc, etc. I guess time will tell who was who in the zoo...
Have a good weekend.
Madstal