posted on
Jan 03, 2008 02:06PM
I think we have all been in your shoes. Let me say that I just entered a position in NOT and BMK around Xmas and feel the opposite of what your feeling currently and do, at the moment, feel pretty good about the prospsect of these plays. On the other hand I hold a position in a company in Venezuela for more then a year, Crystallex (KRY on the TSX) that has waited over 3 years for a final permit to operate; this has really hurt the stock price and if I did not believe in it I would have gotten out a while back. (in hind site I should have sold and bought back in at a lower price, but the risk of being out it too great should a permit be announced) If you want to see what frustration is all about try reading some of those post there. The NOT forum discussion is like being at a birthday party as the price chart is much more positive with the prospects being extremely good. The real question usually comes around time lines and window of opportunity vs SP and patience is an atribute that most investors must have.