Re: I Can't Understand This

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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khareema

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Re: I Can't Understand This

in response to

Re: I Can't Understand This

Sum4All

posted on Apr 28, 2011 10:15AM

"Ah... brag on K! :) Some of us weren't as saavy as you. There are still those floating around with a much higher average cost and some of them might just get it back if the BOD turn out to be good guys."

I don't get the bragging comment, but consider the rest of my statement.

Go back 2 years to spring of 2009, when everyone was lamenting the SP of FWR. Almost eveyone was under water on that one. At the end of the day everyone, and I do mean everyone, had at least a double out of it, and were still complaining about how it got stolen from them.

Then come forward to spring of 2010, when everyone was lamenting the SP of SPQ. Same story. Worst case was some only got a 60-70% gain.

I look forward to the time in 2011 that even the worst case holders are stuck with only a 50% gain, while some of us luckier ones that have held for so long get a 3-4 bagger out of it. As I said, I will happily walk away from it, although there will still be those that feel they are getting robbed.