GREY:EORBF - Post by User
Post by
DropShoton Feb 13, 2019 3:27pm
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Post# 29360147
Thinking of ORT as Like a Lottery Ticket
Thinking of ORT as Like a Lottery TicketHave been in this one since April 2011; paid $4.40 a share back in those days - imagine that. Doubled down a few times and my last buy was for $0.36 in August 2016. At that time I still thought they would get it done. It would take a long time, but it would eventually get done.
In my portfolio sprreadsheet I now show ORT with a value of zero. Even so, a part of me still says this could go, that's what I mean by a lottery ticket. You know you won't win but you can dream.
As for the Quebec government getting in the way: one of the reasons I liked this one is that it is in the government's best interest to get some industry going in the dirt-poor Gaspe. The majors may be watching this, but it will take so long for ORT to make any money - if ever - that I doubt the majors are trying to influence the government in a negative way.
Thought I would share the memories with all my fellow - still a tiny bit hopeful - longs. GLTA.