Voltalia Ord Shs VLTAF

RE: RE: RE: RE: RE: RE: RE: RE: RE: Who is Other?

[ALLEN4]

VentureTrader1, all good points.   I agree with the sentiment that its too late to sell now if you are trading on technicals.   We stalled for a long time at about $2.40 and that could have been a clue, or you could have seen it as base building for the next move up.  After that the breakdown below $2.00 was a serious technical event.  But no point in beating ourselves up now because it all seems obvious in retrospect.  But you can only judge your decisions based on the information that was available at the time.  Given the increasing price of gold and the milestones being met by VTR it was not an unreasonable decision to stay put.  There are many intelligent fuill-time traders who got caught in this sector wide downturn.   At the end of the day, the goal is to buy low and sell high, not the reverse.  So if you accept the fundamentals of the company the lower share prices should encourage more buying.    The stock market is volatile, the gold sector even more so, the junior gold miner sector more-moreso, the micro-cap junior miner sector more-more-moreso, a developer in the micro-cap junior miner sector more-more-more-moreso.     I rode Yamana from 12 dollars down to 4 dollars and back up again - not saying it was the wisest thing to do - but good companies can get beat up and live to see another day.   Right now the market is discounting a complete failure for Kiaka.  If there starts to be any prospect of a Kiaka mine becoming a reality, the market will light up like a Christmas tree.  Better days ahead!