RE:it was ridiculous to ever entertain the idea of ....All venture stocks are somewhat risky. No doubt, a mine in Africa adds to the risk but it could also provide significant additional profits.
I originally bought 30 K shares at about 20 cents and sold at 30 cents on May 25th. I sold because there was little movemnet in the price after announcing $6.9 M in NET profits for 2017.
(fortunate to reinvest in RHT at $1.31 on May 29 .... now at $1.88).
Shortly after GLO announced a Net Profit of $3.7 M in 1st Q ... I bought back in.
I continue to be amazed that GLO is still trading at this level.
You won't find another venture stock that made $7 M net earnings in 2017 and another $3.7 M in only the 1st Q of 2018 ... that's trading anywhere near this low.