RE:RE:RE:RE:RE:RE:RE:RE:This is going to sub-levels
For anyone doubting themselves as to why they never sold earlier here are some points to consider.
1. After the first and second attack on the drill rigs drilling kept resuming which in turn reassured investors and in turn investors thought a good set of drill results would have elevated the share price back to higher levels (myself included).
2. Not many investors at the time could have predicted the Indonesian govement would introduce new mining regulations that would have a huge effect on foreign mining company's doing business in Indonesia. The type of mining company's Southern Arc relied upon for either a sale of West Lombok or a partnership.
3. Once the share price had started to fall past the $1 mark investors like my self would have suffered huge loss's from selling.
4. The reward was just too high if things had succeeded.
It is very easy to now criticize the management for there decision's and how they have guided this company but we must bear in mind we are now looking back with hindsight and hindsight can sometimes make the past crystal clear with 20/20 vision.
Its not over yet!