RE: Why on earth are folks selling?25 Jan 2021 22:39
People will shout me down as that is the way on here but I’ll answer honestly.
I bought UFO and was down 40%, was unimpressed at the % deal struck on one of the mines and didn’t see when and where I would get my money back. There were many other investment themes (lithium, EV, clean energy) where the return was more obvious. I got out at 1.3.
And it worked out well and I have doubled my money on what was left from UFO.
I still watch here as I believe in silver and iron ore but I don’t see the clear path here and when to jump back in.
And once bitten, twice shy.