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Is this thread not just the furries favourite snack, they can smell it from 16 lies away you know!
Some called me when I sold sxx at 19p saying I should not buy shares.
Some said buy here, currently on a 30% loss.
So not the best and reliable at everything but......
One thing they are good at is providing info on BMN when not bickering and that is appreciated. Not many on AIM like BMN and if it hits my entry price you’ll be 30% better of in this than me.
Broker notes around 90p I believe so even half of that is a good return,
Happy hunting
I'm done speculating on small exploration and mining companies. I luckily never invested a single penny in SXX, never trust fashionable or trendy companies, especially ones which are in the news often. I like my investing as boring as possible ideally! I like a company which is making money or knows how it will be making it in the future. And like Buffett says, invest in companies with management you like, trust, and admire.
Cheers Razor. I am thinking of taking what i have in GWMO soon and putting some here and some in Greatland Gold. Not sure though
TrustedInvestor. Trust nothing. It’s a fundamental of human psychology that we as Humans are unable to except lose as easy as gain. If you find 100 quid. Great. If you lose 100 quid. Not great. But which has the greatest emotion attached to it. That’s right the loss - it’s a 2 to 1 ratio studies have shown. Behavioral Biases - regret - we avoid it. It’s like a bad relationship. Rather than walk away we stay longer than we should. In your case that means not selling a Dog. Walk away. Suck it up. You will feel better.
Regards
Bobby
Kev I've seen you on the GWMO boards too, stay clear of that trash company, I lost money on it. If you want a shining example of a world-leading company in a nascent renewable energy technology, which also happens to have a giant mine full of the material that powers it, you've come to the right place.
I invested, sorry gave Sirius Minerals over £50000 of my money and recently sold my shares for a little over £10000. Good old Chris Fraser is alright though. Tough decision to make but this deal with Anglo America looks like it was always going to happen and you my friend, along with many of us have been royally shafted. If you hold on you stand a chance of losing everything, unless they are proven of wrong doing or another offer comes along. My advise is sell but hey what do i know???
Entirely up to you, but if it was me I'd just ask myself where I thought my (now) £1000 would get the best return from today. What's happened in the past is irrelevant. You now have £1000 to invest - if you think SXX will produce the best return from here on then stay invested there; if you think BMN will then buy BMN, if you think another share will do better than both BMN and SXX then invest there, and if you'd rather use the money for something completely different then spend it there.
Your money, your decision.
TrustedInvestor - how is your 40% portfolio of bmn going so far? Whats do you think is more likly, sxx gaining some ground or BMN moving on from these levels.
drax you are so right - he should go and ask those who invested in SXX
you're right with my apologies.
I really believe you should find a better way of making your investment decisions
than a straw poll of BMN investors.
Hello guys - a year ago I foolishly invested £4000 in SXX and now the situation seems to be pretty hopeless. Click on the recommend button if you think I ought to sell them at 5.5p (average 23p) which would incur a painful loss of 75% and invest the proceeds of the sale into BMN.
BTW BMN is now around 40% of my portfolio :)