Greed Buying at a nickel and selling at .15 is all I look for. I will let others make the big bucks. So the stock still has potential for a nice little pump.
the hold long strategy intrigues me. Why someone would not sell and buy lower is a mystery.
In any event there are some major differences now. In previous years, the feasability was an optimistic dream. It is now reality and it was not good. In the past there was some progress in exploration, or at least the promise of it. That is over. Nothing is going to happen this year. The promised joint ventures never materialized.
And with cash being depleted, and creditors being extended, they need a huge bailout. and the people that do those are a bit immune to stories.
And right now you could not raise any money if you found a million tons of pure iron.
So why will the stock go up? Emotion. The "longs" will hold desparately hoping to recoup their losses and continuing to deny the reality and that will allow some traders using some feel good, NRs that can be interpreted In whatever way a person likes, to pump up the sp and make some money.
While I certainly appreciate your investment advice, I hope you will not be offended if I choose to make my own decisions. I have read your past posts, and quite frankly,,the advice you were offering, if I had taken it, would have proved very expensive. I will buy back in when and if I think it presents an opportunity, though with no where near the size of position I held a few years back.
I think there might still be some money to be made here before the body gets cold, and do hope the longs will continue to hold..after all, I can't see it dropping more than another .06 at this point!