RE: Sean3 Mar 2022 11:33
Theitalian, fair points - and I do appreciate the BB relationships. Though I didn't hear much condemnation of that awful little bloke who used to called anyone with a less than positive view an "infestor" every single day for months.
I am a small investor at the moment. But consider this:
Had I invested £100,000 in here in 2017 (when I first invested) it would now be worth about £85,000.
The MCAP has more than doubled in that time, yet the patient long term investor has been screwed by dilution.
Ever seen the Dragons on Dragons Den when the hopeful asking for £100,000 for 10% of their business calmly tells them that they will be heavily diluted at the next fundraising? Anyway, you all know my disgust at SOLG dilution (even though it's part of a junior miner journey) which as put my off the load up and wait till the end strategy I once had.
I had hoped this would be the big one for me, but time and experience showed that not only was sitting tight a losing strategy, but it was a massive opportunity cost for money that could be better employed elsewhere.
Of course I would love to be invested to the hilt here when the news drops one morning of a takeover. That's the golden ticket and I'll be first to congratulate all of you guys on here who will make a fortune.
However, as a small investor these last 4 -5 years, nipping in and out, £5000 in for £5500 out a week or so later, not being greedy, not falling for the hype, I've cleared about £29,000 from Solg since 2017. Not bad for a small speculator given that I'm not risking the farm on this anymore.
I'm the biggest fool for not jumping in with the kitchen sink at 12p in 2020 at the height of the Covid panic, but there you go. Not perfect, not even that smart, but I know how this SP tends to behave. Anyone can look at my posting history to see my continual cynicism in the short term, but my optimism for a happy ending here, and in dark times - when people aren't predicting the rosy future and no one is talking about what boats they are going to buy - I have I think stood up against the hopelessness with some sincere encouragement for my fellow Solgers. If my opinions aren't welcome, that's what the blocking facility is for.