RE: come on, lets be patient. where is simon bond? Hi Red,
I am still here . In one of my earlier posts I said that we all know where the fundamentals of Stans is headed. It would hold its true value nearer to 2014. So I said that I will be holding my position with that timeline in mind and will ignore all the noise in between. That's what I am doing at the moment.
The SP of Hre will not move in a straight line and when it moves up there will be exuberance just as frustration when it moves down. That is why I said in the past to be careful and not let the emotions get to you. When it moved from 0.74 to 1.60 there was an overload of exuberance. I said then to relax as the SP has a long way to go but be prepared for the corrections for those who can be so exuberant over this early movement are susceptible to opposite emotion swing when the correction comes. I said to just keep an eye on the fundamentals and be careful what you post when the corrections come as you may contribute to the negative emotions of investors and cause an unneccesary deeper correction than needed.
That's why Kettl you kind of surprised me over the weekend. Don't get me wrong, you've done some good work in the past. However, your post did create a negative atmosphere to it which would then just damage the emotions of those who are losing confidence which could cause an unnecessary effect on the SP which is something you yourself don't want since you truly beleive in it.
That's why I have been quiet as I have already posted what's good about the fundamentals on the long term but I don't want to post anything based on speculation especially if it could be unnecessarily damaging.
That's why I can also understand Schmid's reaction as well.
On a lighter side of things, WHERE IS HOTDOG?? I miss the funny quips that comes out of him (wether he means it or not). It sure could light up the BB at the moment.
Having said these, I beleive the SP will pop big when the PFS is released. Just look at TFER (otc). It moved from 0.55 to 1.78 just because of a report they released on their iron ore content (still long way of from production). Hope this helps everyones patience.
Cheers,
Simon Bond