Member Info for Dip666

Deffo with you guys - spending a weekend relaxing and trying to banish GGP from my thoughts or anything related to any kind of investment etc. has really helped just get me levelled out after the recent rises, no doubt the anticipation will rise for Wednesday evening though but reminding myself that patience and trying to be as unemotional as possible is the right way to proceed, of course its not that easy with what we might have here :-)

THX Sharky - appreciate the charts :-))

Excellent advice JC, I have an approach to investments in that I calculate potential outcomes and plan a strategy to each, much like the flowchart in Dale's YouTube video. With GGP for instance, plot a plan what you might occur/your response for the 3 scenarios of a full buyout, Hav buyout only and becoming a production partner retaining a stake in Hav (most unlikely outcome I suspect).

Also for those struggling with a decision on hold, slice or sell - perhaps do a simple pro's and con's list. I also feel if wracked in doubt, go through all of the research again and see if that helps you determine your path, it usually works for me. Getting advice from a sensible unbiased person close to you once you have plotted down your potential plans to review with them may also help :-)

Interesting few days ahead all :-)) Found a weekend doing best not to think about GGP was a great idea, feel like my usual calm and rational self, important when investing. let's see how well that mindset holds out by Wednesday evening though! The YouTube video on The Investment Journey channel now has 2.3k views versus 200 odd on Dales next most viewed video as an interesting observation :-)

Harmless banter Arnie, no offence intended, genuinely have a good weekend, I really don't take life too seriously if I can help it, like YL I find your posts hilarious :-)

Arnie that was very rude of Dodge - here is the PROPER link - some people hey!

www.HowToWinFriendsAndInfluencePeople.com

I agree nichol, reflecting on where my concerns as such are in the last few days - they are coming from seeing such quick gains in large numbers, so all of a sudden every day there is much more hypothetical 'money' to lose. I usually have a much much more balanced portfolio and rarely go heavy on AIM stocks pre-Pandemic.

But what I'm trying to do now is get back to my usual mindset of disregarding daily price fluctuations and the value of my holding. Focus again on the fundamentals, and the potential of various outcomes and the end prize as such.

The few months since I invested there has been more and more information that I have less risk to worry about, the present share price isn't as important as that.

Saying that - I want in on that mailing list Spy (Just kidding) :-)

Yep I deffo wouldn't do meth StellBob :-)

Silly joke but I think the point about remaining rational and controlling emotion is important, I'll be heeding my own advice and using my coping mechanism for stress, which is working out a lot and some red wine as a reward and keeping weekend GGP free completely, zero research, boards, twitter, reading up etc:-))

LOL YL
Crikey.......maybe mediation, alcoholism, extreme sports, meth habit - we'll all have to find some coping mechanism or Gold Fever will consume us!

I think the main challenge over the next few weeks will be all of us collectively keeping our nerve and staying calm and rational with such a big opportunity in our hands, we'll make better decisions the less emotional we are. There is much we will only be able to react to on the spot as it occurs, such as what happens after the next update. We can only speculate on what may be offered out to the public domain and what effect it will have the next morning and going forward. It's getting harder to remain calm I admit as the number on my screen grows and I have more to hypothetically lose :-)

lol I meant jimjamuk - chunky fingers on phone - apologies bud!

Hi Jimajunk, that is the AIM rule 've heard a lot but I don't worry about short term profits from price fluctuations personally but I 100% get how that is how some like to pick up a supplementary income from trading daily.

I have an outcome based approach for every investment I pick and tend to want stocks I can stay in longer term. Investments and property development are methods for long term growth for me as both are proven to be very beneficial over the long term and from my personal experience its proven to be true.

Hi Arnie, at the end of the day, investing is speculative. I might infer a positive and you might infer a negative from the same statement made by someone based on our own bias. My calculation is that if I wait this out I will make a meaningful profit.

I do worry too that many see the next results as the end game, but it happens frequently at this stage of a promising investment.......

As hard as it is I try to ignore the figure on my screen, and one method is I don't make plans for what I might do or not do with a hypothetical sum of money........buy this or buy that etc. From my experience it makes it easier to avoid disappointment and remain grounded , but everyone is different, over time we all find our own coping strategies :-)

At the end of the day, its one mans opinion on his YouTube channel and its a new channel with 40 subscribers and less than 100 views perhaps on average on each video posted so if you don't agree with the analysis - it's fine - as it won't have any impact on any potential offer anyway :-))

Nerwcrest needs Hav.......Rio being advised to buy newcrest......mysterious scallywag ......plenty of other players in the game perhaps.........'game of thrones' is coming to mind lol

I'm off for a very charged up workout - best to keep the ticker healthy for more positive drama leading up to next week- have a great evening all ;-))

From what I am understanding about Rio - its considered to have a lack of growth options and not the first recommendation its had to increase acquisition activity

Corporate tension :-))

Oops see Sch beat me to it!

https://www.spglobal.com/marketintelligence/en/news-insights/trending/jFgTuKCPDhlK5THpN5Euqg2

Actually saw this linked from Lenigas's twitter account