posted on
Sep 10, 2010 02:00PM
My last post went to all those new readers and posters who have worked hard to get between 3 to 10 thou shares, but don't want to broadcast you aren't one of the several 20 to 100 thou share holders. those with lots can afford to chip off the some shares to endure Not wait time. I wish some one had posted or I had listened to this advice mny moons ago.
- - lets say you've got 10 thou shares. I found it helps to let my dreams of orbit lauching sp to evolve from 7000 shares and allow 3000 shares to be short with and not get tangled with the fear of losing out. take 3000 times 1.35 sale. buy back at 1.20. you,ve made $450 or increased your share total by 375 shares. sure it's small potatoes for some, but it felt great at the beginning. repeat steps once a month and you'll have gained an overall share increase of 4500. nearly half. sure it's not a 10 bagger, but you've endured a year without having to chip away at you longs to sustain and perhaps your 3000 short has increased corresponding with increased total shares.
also it will be easier to take the designated shorts into other opportunities.
hope this helps. Noront is a great company. They have the funding and land to quadrouple current inferred and indicated ore. They are serious about doing it, own the most land, and the only ROF with a serious drill plan to explore the land. Despite frustration expressed here, even the bashers have faith in this company for long haul. - - please excuse format and spelling. thumbing on phone.-sg