GREY:SFRFF - Post by User
Post by
Borisonon Nov 28, 2009 11:03am
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Post# 16532822
Lessons
LessonsThis company serves as a lesson to me in terms of what not to invest in. Years ago I got in when it was Red Lake Resources. I held and even bought more at times when they were releasing news about various flavor-of-the-week acquisitions. So many mistakes in hindsight...but now it's pretty clear why I should never have been in this in the first place: small insider holdings (with England buying a little bit here and there to make it appear like there's insider activity), chasing the story of the day with news releases but no or little actual work on the properties (i'm sure the REE release will be coming shortly!), too many shares outstanding, not-so-great communication, no cash, no focus.
And yes I still hold this garbage, with an order in at
.025 to finally get out of this before the inevitable reverse split. And I'll take what I salvage from this and add to my CQR, GRL, IEC, and HVG holdings which consider to be real plays imho. I suppose this post doesn't help my chances of my order filling, but I don't even care anymore. Sorry for the bitterness everybody but it's been building for a while :) GLTA