My average is over $4 and I am still very bullish. You say you will be out way before $100. I hope so, many of us are getting a little tired of you.
The facts as they arise will decide my exit point. $100 per share may seem cheap in 2 years. It may be a pipe dream now but when you have done proper DD and talked to the right people, it is fairly easy to hold with confidence even though the market says this stock is sinking. The markets have proven to me that market cap and true valuation of a company are totally different and I believe our market cap should be considerably higher. I made the case for $13.44 a share after DE2 landed and I still believe that to be the case. I keep adding to my position as funds permit.
I was rereading all the Genuity report earlier tonite and the one thing that escaped my eye the first time was their call about PGEs at DE2. They said that if DE2 holds 10g per ton of PGE, this will dramatically increase the potential for PGEs of all other anomalies. They also point out that the highest PGEs at DE1 where held in Brecia sulfides and that 3 out of 4 holes in DE2 hit Brecia sulfides. So this bodes very well for us to have a great PGE play. Lets hope our PGE # on the assays of DE2 hit the engenuity mark because this alone will cause them to raise their target considerably.
Long on NOT,
Glorieux