Re: Just for the record - Not_Fan
in response to
by
posted on
Nov 25, 2010 03:38PM
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)
A number of us have never held a stock like NOT before and got tied up in the euphoria of a few years back. It has been a learning experience, but many hang on to the good old days and how the stock acted back then. The loss of RN is another bone of contention that comes up frequently. Many hold and complain feeling they are in too high to get out.
The opportunities have been abundent to average down very cheaply. We have another opportunity to do so again. Personally, if you have held this long, it makes sense to continue to hold and average down again...I believe there are brighter moments ahead, and for those who can hold on, very bright indeed.
I just sometimes get tired of all the anger, all the blaming and all of the held opinion that this is legit...it is useless most of the time, and often passed off as a righteous right. It allows posters under this guise to say really terrible things about a company they are invested in, terrible things to others who disagree, and to me the cost has been heavy in relation to NOT.
That being said, this has not been an easy stock to hold, and I am reminded of a grade school teacher who once said to me about her lonliness, 'When I go to bed at night, I go up and down the street and think how I would like to be them in their home. I say no all up and down the street until I am back home and find I am glad to be in my own bed.'
This was a wise teacher. I am sorry she is not around for me to regale her with the NOT story............she would have loved it.
To all I have made friends with, and to all whom I annoy, please accept that sometimes the thoughts and words seem to just fly off of my fingers. I mean no harm. I want NOT to win, for all of us to win, including our inscrutable, irascible board.
vermillion.