Always got HOPE....
posted on
Feb 22, 2011 09:05AM
New Discovery Resulting in a 20KM Mineralized Gold Belt
Well, I am back. As I foretold (well, predicted) some months ago, we would be back in the twenties in a bit of time, and I would return. Didn't figure it would take that long, but here we are none the less. Let me first begin by stating this post is NOT intended to be a complete BASH, but it will certainly not be a PUMP either like seems to be the general flavour of this forum.
Now this thing could have TOTALLY gone the other way... had the results been "Out of this world" or "Blue Sky Potential" as many have been anticipating for months/years with this company. Unfortunately the reported and verified results from the Lab company were NOT "Sky is the limit" type results as much of the market anticipated from all the hype way back when. Combine that with extensive delays from the lab, and you certainly don't build a lot of confidence when the results are not as stellar as what many expected.
One thing for sure with this forum is no matter what dips or valleys we encounter there is always someone commenting "Oh, this was a buying opportunity", just check back through all the posts since we hit our .90 some cent high. I remember my stop losses triggering at .79 at one point and then people saying how that was a GREAT buy. Also there will always be people commenting on "look at the price of gold going through the roof, it is $xxx today", really by now can't we see it has NO BEARING what so ever on this stock. It didn't move it when gold was $800, it won't move it today at $1400, and it won't move it at $2000 either. The company WILL move it assuming the results are GREAT going forward, not good or ok, but GREAT.
It is always nice to have BIG grand dreams of retirement and this is the ONE. Maybe people who thought this way with TCK.B a couple years ago are laughing all the way to the bank, but this stock is NOT that one (different business line too). Had I invested all my money in a little Casino Stock called LVS 2 years ago at $1.50 I would be retired now too. How many people REALLY put all their chips into ONE stock though?
The point here is - don't lose focus people. I think this stock DOES have potential, I have sat nervously on the sidelines thinking "well maybe when the lab delays are over, this thing will pop and I will miss the train", well so far has not happened. I am going to be a buyer soon, but I do think this will continue to drop down to the low .20's, and IMHO will be a "buying opportunity" - lol and pun intended.
Good luck to those holding who have the family farm bet on it, hopefully you have no trouble sleeping at night if your investment is 25% of what it was. Stress will kill you quicker than anything, and cause you to never see that golden retirement dream. Good luck to those buying, and hopefully you do get a return on investment at some point. And good luck to those investors who read the market, play the dips and valleys and profit. At the end of the day, this is what the market is all about, making money, and not just loving ONE stock and losing focus of the rest of the market or world around you.
PLEASE save your breath in bashing me for this post, I know, "If I am not happy, I should just sell", "Just move on, your negativity is not welcome here", blah, blah, blah. You simply just show yourself to be a PUMPER and want to drive any potential "negativity" about your DREAM out of town. The purpose of my post is to show the "outside looking in" as I have sat back and read most of your posts on a daily basis and vowed not to comment until my predicition of the .20's rang through. I truly believe that this company could announce bankruptcy (not likely, just using this as an example) and shares would plumment, and there would still be people on here pumping this thing up as "they are just going through a rough patch". You know who they are, much as I do.
Thank you to HOOV and the Boys that bring us great information and insight that the common folk like me just don't see, it helps us to believe there is SOMETHING there, and some potential, although it may not be as BLUE SKY as we once hoped.
To close my "story" - GOOD LUCK to all and I wish you good health & smart investing.
Madstal of the Mailroom.