I'm Still In
posted on
May 26, 2011 12:46AM
Have my "six figures" and for me that is considered a "full position so don't plan on adding more. Last Summer's agressive financing convinced me to "top up" in the 20's which gave me a reasonable "average down".
Really hesitant when I hear the "time to buy more" conversations coming forth, as that is so often the line of suspect encouragement.
I consider this a reasonable "gamble" which hopefully will evolve into a profitable "investment" should the further drilling results add to the resource inventory.
At this point in time it is still a "cautionary venture" and only those with pure risk capital should consider "jumping in".
Thats my serious thought for the moment. In total I hope that one and all can experience a positive outcome.
Onward and Upward.