Certainly we, as well as investment funds sitting on sidelines, are waiting for news release to be announced in the next week. We will witness an extremely high trading volume when sidelined-money jumps on the wagon once Noront proves good assay results and extention of the ore body by visuals on hole 50, 51, etc.
Investing is fun. It's fun to pit your intellect against that of the vast investment community and to find yourself rewarded with an increase in assets. It's exciting to review your investment returns and to see how they are accumulating at a faster rate than your salary. And it's also stimulating to learn about new ideas for product and services, and innovations in the forms of financial investments. A successful investor is generally a well-rounded individual who puts a natural curiosity and intellectual interest to work to earn more money.
All investment returns with a varying degree on future events. That's what makes the fascination of investing. It's a gamble whose success depends on an ability to predict future. So th risk is there all the time. In the case of Noront, I personally don't think there is much risk at the current price. Fundamentals are strong and overall trend in the foreseeable future is fairly good. However, the risk will increase if sp moves up $5-$10. The commodity market has been down significantly along with economic resession. Smart money taken out from this sector is returning back. Nickel/copper prices keeps rising.
One of common problems with novice retail investors, they sell too early on the way up while they hold too long on the way down. It should be in reverse. When the opportunity comes, they should holder longer to make handsome money while minimizing loss by making an early decision and moving out from stocks that don't perform. Nobody is perfect in stock investment.
Risk is basically depends on how much you can afford to lose in the worst scenario. Without taking the risk, you won't even have a chance to get rewarded. Some of them may feel that they should have taken the risk before sp reached to the level. Again they will have the same feeling when it reaches $5.00 plus within the next few days.
