We are "right" and we know it; we just await validation without the constant chatter which exists on other boards like the Tyhee board.
The posters on the Tyhee board are also "right." They, too, are invested in a company which should do very well. They are not "wrong" for their shorter term comments; so long as they keep the bigger picture in mind as well and do not, by looking at the tape each and every day if not minute by minute, cause themselves to become discouraged.
The current deleveraging has to run its course; the money to raise the price of gold has already been injected into the system. Many of the market's destabilizing forces were predicted in advance and were hence easily digested and coped with. The recent deleveraging, however, was not and has been a tough pill to swallow as the little free cash I had left was put back in too soon.
Had I waited I could have gotten better than 3 shares for 1 on my last purchase.
Nonetheless, all my positions in Kimber, will eventually prove profitable so I sit back and wait with the utmost confidence in the correctness of my position.
Sprott Asset Management increased their share of Kimber holdings by approximately 1.5 million or 25% according to their most recent 13F filing with the SEC.
P.