RE: Stay Strong - My wife wanted to sell up18 Jun 2021 10:18
BP, you concluded with "...Always play attacking rather than defensive, be brave and stay strong and we will be rewarded. If not HE1, there will be others but the mentality of playing attacking, being brave separates the 10% for then 90%."
I am not sure any of those characteristics are helpful when deciding to buy or sell a stock.
(And actually you are not buying the company, you are buying the SP, its the SP movement that determines the loss or gain, not the company. Valuations will vary from day to day, in fact minute to minute, but the company will be the same company.
And this stock is not an investment. It is (at best a calculated) risk, that the discovery of HE, will be large and in a geological environment which allows commercial extraction.
There is a risk reward element to all investment decisions and typically, he bigger the risk, the bigger the reward. If you think the reward could be colossal, then what does that say about the risk?
If it fails we will likely loss most if not all our money.