RE: The Red - July 2007 financing...TheRed,
"I have averaged down on this puppy so often, I have lost track.
"
Amen to that. I can't believe how many shares I've bought in November, December, and January (even bought more last Thursday and Friday), as I've doubled down from what was already a BIG position in the portfolio. My average cost is now $0.40 and I have a TON of shares.
No question, this one hurts to own right now. Which, in my experience, usually means owning and/or buying more is the right thing to do. I'm either going living in the gutters with newspapers wrapped around me for warmth (I know you've talked about "newspapers" in this way, too), or livin' large when zinc resumes its rise. My stomach is telling me the former; my head, the latter. I've found that conquering my stomach is critical to investing (buying when others are fearful), but this one is the toughest one I've faced, so far...
I hope the soon to be released 43-101 helps move things along. But, I suppose we don't want it to be "too good"--or the market will drive down the stock yet more. {;- )
GLTA!