HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: Re: lack of knowledge and greed
3
Feb 19, 2008 08:34AM
1
Feb 19, 2008 08:41AM
5
Feb 19, 2008 08:46AM
4
Feb 19, 2008 08:48AM
4
Feb 19, 2008 09:15AM
6
gee
Feb 19, 2008 09:15AM
1
Feb 19, 2008 09:22AM
6
Feb 19, 2008 09:33AM
2
Feb 19, 2008 09:53AM
1
Feb 19, 2008 09:56AM

Re: lack of knowledge and greed

posted on Feb 19, 2008 03:11PM
Yes, the lack of knowledge/experience displayed is often astounding. First, early January, many complain "Price is being manipulated down" when the programmed response should have been "add to position". Then, on the placement "why are we being subject to unnecessary dilution", when the the programmed response should have been "Wonderful, I'll add 6% to my position in this nicely financed world wonder". Now, when the "Big Boys" give you a short window to catch up under $5, many more complaints , when the programmed response should be "Add to position or sell out", because those same big boys can take it to $10 in a NY.heartbeat and you will be complaining only silently to yourself. Greed is natural, but people should be able to rationalize out their own stupidity. Buy more  if you think the price is too low even if it is a nibble every day on pullback. We're all excited and impatient to a degree, but deal with it by selective buying, recognising the opportunity may be very short term. (Or, if you think its a negative somehow, sell out now.) Company management is doing a very insightful job !
Share
New Message
Please login to post a reply