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1plus1
Never claimed to know exactly what will turn out if i did i would of traded it lol
But all these claims that if you trade it you may miss lifechanging gains are clearly not true.
It will go up in stages and fall back inbetween you may trade it and miss a leg up but you would still be able to buy back in.
trader6 - I'm glad you know exactly how things will turn out here, with a crystal ball like that you must be wealthy beyond my dreams.
I make no predictions here - I simply provided an anecdote about self appointed trading gurus on the LSE board who claimed to have insight into future share price movements and lost out big time compared to me and others that simply held stock.
1plus1
You wont miss life saving gains you may miss a bit of a leg up but it wont rocket over night
Loads of people were posting dont miss out at 13.5p RNS imminent.
Look how that paned out in this climate it wont behave how it would of normally .
Nowhere near the amount of PI with spare cash a couple of good drill results wont be enough. People will know it will fall back between developments, Guy who post 9p While it was 13.5 what a call wish i had followed it lol. Any mediocre drill results like the copper one and we may be waiting quite some time. This is going to take many months if not years, people expecting days may be a bit disappointed love to be proven wrong but i wont hold my breath . You only have to follow the like of GGP and Alien to see how things play out
The problem with trading is you can miss out on the life changing gains. Years ago, several posters on the GGP board used to sing from the rooftops about their trading prowess, trading out every time they made low double digit % gains. When GGP share price took off, rising hundreds of percent, those guys had sold early and missed out.
Like you said, trading a slice of your holdings might make sense, but trading the whole lot can be counterproductive and you might miss out on the big payday if a significant discovery is made.
Trading is the only way to safegaurd aim investments imo. Only rarely have I sold and regretted . I sold some wsbn at 13.75 and buying back now. Frowned upon by many but common sense sell spikes and wait for the pullback. Personally I dont have a lot of spare cash so it is a good way of increasing your holdings without investing ever more capital. I do like free share , makes bottom fishing with small ammounts very useful, buying small ammounts, regularly. Think wsbn is a decent share for trading a bit of your holding. Gla, buy now for an easy 30% .
db_dogsbody Sometimes things fall just right
Other week at 13.5 i sold £20k and moved them into ISA doh
Would of got them 30% cheaper now.
People get some stick for saying trade it i normally prefer to hold be WSBN looks the exception in my holdings. Good luck to anyone that times it right.
Imo this wont get the massive rises people are expecting till much further down the road especially in this climate majority of PI have other worries
Been in here 2 years now.I have lost count of the amount of times I wanted to sell and buy back in but always fear the big news drops when I do it .Hopefully it all pays off :)
I was forced to sell £1k last week as I was skint. I was lucky to sell on a high spot of 12.75 and even luckier to have been able to buy back just now at 9.09 ??
IMHO, as mentioned earlier, below 9p is a buy for me, to add, but, at the same time caution is needed, because, even since that earlier post, the general gold miner/explorer market has been hit pretty hard.
Yes, it's basically a gamble as to whether or not Red Setter will come up trumps in the drilling, but, if it does, with the very limited free float, I'd expect a significant move north, IMHO, even with 'average' results.
Let's not forget, that Havieron was drilled by Newcrest Mining, and others, and, basically 'rejected', before Greatland Gold had the balls to drill deep, and, we all know where that has gone, but, sure, admittedly, well below the hyped highs now.
As always, in any investment, but especially mining, you pays your money and takes your choice!
DYOR & GLA
I do not think average will cut it here in the current climate Uktrader, we need good grades to get this moving in the right direction, its been consistently washed and rinsed for the last twelve months and this has caught a lot of people out, I'm still holding for RS indications, lets hope they meet expectations and the drill does the talking.
Its going to take more than a couple of average drill results in this climate
Look on bright side if first drill results are average we will be back to 13.5
If they are not good hold tight.
Hate to think where we would of been without the mad man Putin
My buy at 10.39 has gone over to the other exchange can someone tell me why some trades go over there and why there isn’t any chat for weeks ? Thanks JP
IMHO, as I've always said on here, 9p/10p is about right before any assay results at Red Setter.
Again, IMHO, the sp got totally overinflated, running up to the latest news that drilling had started there.
I agree that anything below 9p is probably a good buy and that's were I'll be buying more.
Just topped up 2k at 10.39 . Seems a very low price !
They're sheep. Got no mind of their own.
Why is everyone selling? I thought this share would be going up on the news of drilling
Sellers will regret selling here!