RE:see you guys soonGiven the length of time holding this one, it wasn't really a profitable venture for me.....on paper perhaps but the return was unsatisfactory by a long shot. $millions went out the door in Admin costs during the period of time it sat as merely a holding company for the Siribaya JV while IMG managed it, spent liberally, and rarely failed to disappoint as IMG is famous for.
Going forward, my interest in these micro juniors will be a fraction of what it was. Like yourself, I am active selling covered calls and naked puts which offer less upside but a higher degree of certainty and a way to work out of an occasional negative position that doesn't involve waiting for years fch or something to happen.
Will catch up with you in Calgary sometime!