RE:RE:To Diversify, or Not to Riversify?
My average cost is going up as well. My plan to consistently add to my position each month has been upset by the rapid rise the past three months. Have altered my strategy to pull forward my purchases including adding 10% to my position on Sunday night. Of course Monday morning the friday close of 3.69 was all rearview mirror as my purchase was struck at 3.77. Still, even at that price, in two days there has been a 10% increase.
I still plan on adding each month with the proceeds from my dividend payers. So much good news to come with PEA's PFS's, Analyst visits, financing arrangements, production dates etc...
We are still a couple of years away from production and the closer we get, the more funds and institutions are going to be compelled to invest.