Once Bitten twice shy HUMPH
posted on
Dec 14, 2008 05:43AM
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So many of us here have suffered while our shares prices are down, and this
may be part of that psychology whereby we will be at risk of missing out the best returns. Once the share price gets to say 60 cents, some will sell, because they want the pain to end. These are the unfortunate ones, because at that point, they'll be in the black, but will miss out the next four phases.
They'll miss the rise that comes due to the types of financing and other activities / attention that TDC will have when market cap is over 100 million.
Theyll miss out on the rise that comes when a junior actually moves to becoming a producer.
They'll miss out on the market valuations rising when the resource continues to climb into the 2,3 and even 4 million ounces.
They'll miss the bump that comes when TDC becomes a TSX listing, and starts to be rated by more analysists.
Theyll miss out on the rise when, with producting having started, the share price will be valued at multiples of earnings. The share price being 10 to 20 dollars in the long term.
SO those of you whe are thinking of selling half and getting out of "danger", hope you can hold off until my next windfall (tax refund) in April, so I can mop up some of your shares. YOU paid the price of pain during this time, don't succumb to fear and throw in the towel. Others, in this for the big multiples and long term, will gladly take in your shares.
Use volume as your cue: if the springtime share volume gets above say an average of 500k daily...that should be an antidote to your pain.
Hang in there until after the winter Olympics!
Can you visualize how much can happen over that timeframe?
Tyhee has a good chance of a gold medal.
SKELEG