I am not second guessing at allI am one of the other 2 who ran to the phone, after lunch with Kevin, to switch from SRU to SA.
I was an early SRU "bagholder" (7 years ago), who backed up the truck before SRU ran up from the 30's. So, I took out the early bag out plus the new gains and moved to new pastures. I am grateful for SRU for that.
I tend to be patient with stocks and I see a good future for SA. They have good people and are transparent. This is not to say there is anything wrong with the new management at SRU, but historically SRU has not been transparent at all and we spent long stretches of time in the dark.
In the short term SRU and SA will jockey back and forth as to share price, but I believe that SA, with their much lower float, will out distance SRU in time.
Without mentioning any names, one of my Associates knows one of the touring group. So I asked him to inquire as to the merits of the SA story. He couldn't get much out of him - he was tight lipped. Now why is that?
My interpretation is that he likes SA and does not want to spread the story until they meet their share purchasing objectives. If he does not like SA, then he would not be one to bad mouth the stock. So, which is it? I would say the former, rather than the latter. The available float in not that big I don't think.
Summary comment - long and strong - loving the ride - no regrets - thanks Keven for leading me to SA - it is only a matter of time - and lord willing, I have plenty of that.
GLTA SC