Miners are patient - investors are not !
posted on
Sep 30, 2012 03:43PM
(Edit this Message from the "Fast Facts" Section)
I just got back from a 10 day trip, Vancouver Island is a beautifull place to visit ! very expensive though !
Thanks to all who posted news and comments about the meeting, I see the sp is still about the same, I gave it a break while I was gone and have been reading all the posts related to what went on and what people see for the future.
What stood out for me was a comment made by someone - not sure who but it sure put things in perspective for me, " all miners are patient investors are not " miners have to be or they cannot be miners, we who are investing like to see a lot of change short term, I guess its a good thing sp has not changed that much as it will give time to buy more shares at low prices, because if what was presented at the meeting is true then we have a good future !
The only thing that hovers in the back of my mind is the drilling and the assay results from that, when that happens I truely believe sp will rise very quickly - as many have said, there is gold and silver in that mountain and when proven results are published a lot will jump on the wagon and buyouts become more real.
So here is my question ? is there any doubt that the drilling will happen ? for me this is crucial to investing more, I need to be patient I know and have come to far to turn back now, I have some real estate deals going on at the moment and may be in a position to improve my position - It would be good to average down a little more !
I guess a good investor is patient, especially where mining is concerned !
I hope things work out well for your brother Pic, sending some prayers your way !