What a difference a year makes...
posted on
Oct 16, 2010 03:48PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
let's not be negative, objective yes.
Look at where GNH was one year ago. We have made great advances and yes the fortunate who bought in this time last year are doing very well. Our company is advancing as planned if not perhaps a little faster. Our Management have always been very open and receptive to all inquiries and we know we have gold in the ground.
Look at where ATC was one year ago, 50 cents mid-September. They have made incredible advances and are over $7 now, one year later, amazing!
Let's not all get in a huffy because we've been beaten up a bit. We have a good thing bad thing going on and a big part of the reason is because there are ALOT of eyes on GNH right now and of course this will contribute to the SP manipulation. I don't think there is any reason to worry unless you need to sell for the cash. This is an investment for me and my thinking was it was going to be an investment for 3 to 5 years. Osisko was under 50 cents 5 years ago and has had some crazy rides during that period.
One thing I've noticed alot about these junior explorco's, volatility in both directions. Playing the trading game is not for everybody and if you believe in your investment like most of us here do, then just accept the fact that there are PRO's out there like anony and jitney that are going to constantly shake the tree all the way up. One thing about these types of investments, that being they can take off like a rocket on a day when you least expect it. So let's not get down and negative towards anybody and focus on our investment, it's not a game. Another thing, not everybody has the same level of communication skills and some posting here are French, let's not get critical about someones communication skills.
I also don't understand why some say you should never fall in love with an investment. I'm sure Warren Buffet loves the companies he is invested in as he has held many positions for very long periods of time and has done so because he felt he has done as much DD as possible before making his investments, and has added many times as the companies grow. I love the upside potential of GNH and I love my Wife, but that doesn't mean I will be with either forever, or maybe I will?
I bought my first shares last year around this time at 12 and was fortunate enough to purchase a bunch in the low 20's. As I became more comfortable with my knowledge in GNH and this sector I continued to add many positions from 57 up to 78. Now, I'm sitting back and watching GNH do what they are supposed to do, show everybody that we have a World Class deposit of Gold which will be mined someday by someone.
:) Skier