Post by
argaiv on Dec 17, 2023 2:39am
All I Could Do
Was average down on the existing shares I already held. I have a pretty high exposure at this time at about 0.21 US. It will not take a miracle to be in the money. An announcement of a farm in agreement and the commencement of drilling ought to give the stock some very mild momentum at a minimum.
One thing I noticed with respect to investing is that I was very exposed to risk, and there were a couple of times I came out smelling like a rose. One of my luckiest investments was Southwest Resources back when it was somewhere in the neighborhood of about $2.50 US. The company tinkered with the assays and that stock got north of $30 US per share. I was lucky I sold out because once it was discovered that they had tampered with the core results the company went belly up.
I was dumb not to sell my Africa Oil shares when they made their initial discoveries in Kenya. I remember the message board on this site with investors talking about the share price going to $60. Oh well could have and should have are a waste of time is what Rick Rule said to me.