RE:RE:Deterte and Mining StandardsGood Evening RC. First, I agree with you. I don't think there is a hope in h3ll that a PI team builds and operates this mine successfully. Second, I also think that the country as a whole is right up there in the top 10 when it comes to corruption and graft. Third, the terrorism, crime and violence will be hard to overcome. Fourth, I don't even really give a shat who ends up with control. Fifth, I couldn't care less about their rules and regulations and whether this meets enviromental standards.
Now, with that being said. What the h3ll does any of that have to do with the price of tea in China? I know that none of the above has anything to do with the value of my portfolio. The profit or loss will come from my actions, not managements actions. Most of us who gamble down here on the venture know the risks. ( I understand that there are people who think this is an investment, but I'm not one of them.) So what is your problem? What is your agenda? Why the constant negativity? Right now, I wouldn't dream of telling anyone that this is a buy at 13 cents, but on the other hand, it is a huge deposit, and I wouldn't tell anyone to sell either. I first bought this at 48 cents and sold it at 51. Then watched for quite a while, and finally started buying at 8 cents. ( Congrats to Rapid for noticing.) If it hits .165 or .17 then I will be selling three quarters and ride the rest to see if they can make something of them selves. On the other hand, if it goes back down to .07, I will dump it all and minimize my loss. On the plus side, we do have a large shareholder who has a ton of experience in building and operating mines in politically difficult areas of the world.
Now, please give me an answer. What's your problem? Are you mad at the circumstances that have brought us to this point? Or are you mad at your own reaction to those circumstances? It's your finger on the buy/sell button. Deal with your decisions.