RE: RE: RE: RE: Comparing apples and oranges and tActually no, I'm not on the sidelines ... I am sitting on free shares and warrants, although I wasn't lucky enough to sell the pp shares above .14 .... got 12-14 for most of them and bought some back at 11.
I was one of the sheep who watched it hit $1.27 and like a deer in headlights let that pass (I did sell some at $1.20 but not nearly enough). I've always believed PLE had potential and was disappointed (and pissed off like everyone else) in MArch 2007 and again in May 2008. I was completely out of PLE in June 08 and bought back in around 5 cents last fall thinking that it can't get any worse.
Then came the Ucucha deal and then the PP and I figured, why not!! ... sold at 8 cents and bought more at 5 for a net investment of about $7k for 250k shares and 250k warrants. I bought in with a strategy to sell enough shares to make them free when they were free trading.
And yes, I've also been making money outsode of PLE as well. I can see why Juniors aare out of favour right now. There are so many companies that actually have revenue and products to produce that have just as much potential for triple digit gains with much less risk. Yet at the same time there is an addiction to buying a fledgling mining exploration company waiting for that adrenaline rush when you hit the jackpot .... so maybe I'm not that smart afterall