RE:RE:I feel bad for the guys who sold on fearThat sucks man. OC, I have no crystal ball, but there is a lot of reason to believe you will be ok-to-great given time. It's somewhat hard to say, but this company is sitting on some extreme assets. And basically, the way I imagine it, you want to invest in something with assets that's about to convert said assets into income, which is what we have here. The element of risk is the gold in the rock is not literally visible, so there is risk in proving out the reserve. But I felt (as a lay investor) that the earnings call adequately addressed that by talking about a) the grades found and b) the amount of rock that can bear gold which may be tried (with newly achieved capital).
The biggest threats for my own self with this stock are: 1) I wish I was better at calculating the earnings (and other values) to shares outstanding-- there's a lot of shares, which is bad, but everything is relative to the value of earnings, 2) there are challenges with a fast growing company-- I know, I've been a part of it-- so there could always be mistakes, or people coming into the company that are more salesmanish than competent.
I am not certain, but the risk payout for me right now is positive. I'm in at .61$ and down about 20k$. I don't actually mind that, so long as I'm not dead wrong. I think there's a possibility for huge gains, but my experience in this space is light. Where I get my confidence to hold out is that I find it fairly hard to believe that I am dead wrong; that somehow all this gold, infastructure, and bonanza potential falls completely flat, and also somehow if it did mostly fail, that some major company wouldn't want to buy it based on the historic find and expanded exploration.
So I feel pretty sturdy holding on. I'm not going to say it's fun, but this is the game we sign up for when we invest.