RE: RE: Maybe i should be buying more?24 Jan 2022 10:54
Buying more ... being able to remember when this doubled to around 130p many years ago then promptly dropped like a stone soon after and the effect it had on my then holding is enough to make anyone wary! Being of the same mindset as Roxbury, (damned if I'm in, damned if I'm out) I'm trying to justify re-entry to myself.
Someone mentioned earlier a Canadian company 'Enbridge' in close proximity to one of Cannacord's offices (re Alan Brimacombe) well a 12 minute walk to be exact. Assets 163 Billion Canadian, pipelines and storage amongst their specialities. As many have said though, you question your own judgement - good research or wishful thinking?
Mr Brimacombe's other interests ...
Rupert Resources Ltd. (RUP)
(Gold) 17,194,300 9.70% 77,890,179 USD
Playfair Mining Ltd. (PLY)
(Specialty Mining & Metals ) 21,260,000 20.0% 3,103,960 USD
Borders & Southern Petroleum plc (BOR)
(Oil & Gas Exploration and Production) 15,000,000 3.10% 141,750 USD
So is that a good indicator or someone with some spare cash (!?) taking a punt? After all, past years have seen a rise in January just for things to go quiet and fall back into the doldrums yet again.
What would be more painful, staying safe and having no holding then a highly significant RNS or buying back in just for things to enter the doldrums.