Post by
okgonow on Apr 01, 2024 2:54pm
anyone
that is upset that they are beond underwater on their investment has no one to blame but themselves
if you did not have a stratagie going in what to do in the event things dont go exactly to plan and what to do if they dont then investing in equities, especially goldminers is not meant for you.
9 out of 10 times in mining things go south.
BTW its just as important to have a good exit stratagie if things work out!
So if you really belived in AR and the Magino mine and it being a good investment you hould have had a average down stratagie in place, with even a rudementary one you would be close to breaking even now ( i posted something last week showing even on buying at $2 with a double in investment you would be sitting at a $.50 average)
or scenario 2 you bought on spec and things started to go south you sell your position at a max 10% loss or whatever you are comfortable with and move on!
it sucks loosing money i get it but no one forced you to invest in AR
Comment by
okgonow on Apr 01, 2024 3:00pm
My apologies again wrong Board