Re: Called Tom Brady
in response to
by
posted on
Apr 28, 2008 07:33AM
(Edit this Message from the "Fast Facts" Section)
Agreed on the frustration level. I find most of mine comes from the time frame that I expect things to happen. I grow more impatient with my best stocks because I get excited about making $$$. Greed skews perspective. I become unreasonable with my expections... the timing in which I want things to happen shortens because I've fixated on greed too much. If I ask myself would I be happy investing in something that will double in 1 year? Of course! Would I be happy if my investment tripled in one year - absolutely!
If we knew that TTQ would be at $3.00 by Dec 2008... does it really matter when in 2008 this happens? I mean really??!! It is not normal to expect 100% every year... it just doesn't happen. Personally, I would be very grateful with 100% this year and jumping all the way to the bank. But I do expect there is a very good chance that TTQ will deliver more than 100% return in 2008.
I find if I set reasonable expectations, my frustration level will decrease and I become very happy with my investment in TTQ. This recent drop in share price actually got me excited as it was an opportunity for me to add to my position.... I felt like I was stealing candy from a kid... I couldn't believe I had another chance to buy < $1.20.
Remember where TTQ has come from. They just started drilling in Oct/Nov 2006!!! That is 1.5 years ago. And ... they already have a 43-101 with 655 million lbs of Moly. How many other juniors have had that kind of success EVER... let allow in 1.5 years. Within 1.5 years go from nothing to a world class resource.... THINK ABOUT IT.
Management is not put the brakes on this momentum either. They will have a scoping study/pre-feasibility out in record time too. Look for this in late May. They know they are sitting on a once in a life time opportunity. The moly isn't evaporating... it isn't going anywhere... the only thing that is changing is the players going through the back rooms... For sure their phone is ringing with offers... Do you thing Japan, pac rim, BRIC and the bigs only know about TCM?
I for one am not selling a single share anymore. I use to have a trading % on TTQ... but I'm 100% in on that position now and I will not be trading that until we are > $5.00. Notice that is > 400% return... so you know where I think this stock is going.
I don't know when this will happen... but I'm very sure that given the pace TTQ has set so far in their 1.5 years of exploration... the fall will make the current share price of 1.15 look incredibly cheap.
It is time to become an investor in TTQ. Hang up your trading hat. Review everything you know about TTQ and relax and enjoy the ride.
Just my honest opinion...
GLTA
m.z.