Hello, I checked out that stock and as soon as I saw Lenigas was involved I lost interest.....that guy is bad news for any investor...stay well clear of all the companies that he controls or t'will be to your cost.
Hello mate....you are right when you say this is the worst share you ever bought into...at least you admit it...many on here feel the same but remain stumn....In my view it has Doom written all over it and can fall considerably further....buying in on the drops to lower ones average is akin to catching a falling knife.... I make my dough from this stock by buying in on the low and selling on the spike....it's the traders that make the money not the long termers.
Thanks Brick, I just topped at .24, I'm one of the long termers here, although I don't post often, apart from when Brick has cheered me up with one of his gems of a posting! I haven't sold a share, although if wish I had at .75p, and bought in originally at 0.9p last July. Recent top ups for me have been .25, .24 and again .24. If this share is lower I'll top up again this week, but thought news can come at any time and it was worth selling another share that's languishing and increase my exposure here.
O/T have a look at AFRI, I bought in at 1.05,a while ago, too early in hind site but worth a look at entry now
I understand your frustration but negative comments send share prices down. There's no negative stuff here just a bright future IMO. Remind yourself of what the Bod are busy setting up with Argentina gold, with Itogen sampling going on, with a massive $80m tax loss to use when it is released. We have a share in Themac and the Copper flats are worth millions. There could even be more going on as there's been plenty of speculation on this bb, there'll be surprises along the way I'm sure.
It's a medium to long term investment to get the best from this share although I wouldn't rule out opportunities to make some quick bucks now and again, it's happened before and I'm sure it will happen again.
You just need to be patient !!! Try to see the benefit if the sp dropping for a short time ax it allows you to top up and lower your break even price. Before Xmas I had 330.000 shares at .78 each. Today I have 4M shares at .31 each !!! And if the so goes to .20 guess what.... I'll be buying another 1M !!! You need patients and confidence to play this game, and a decent sized pair of Y fronts :)
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