Bought 150k shares in TGB... Over the past two trading sessions between 28 and 30 cents US. Dollar cost averaging is quite the friend during times like this. Currently own approximately 300k shares now with my total DCA at around 48 cents US. Apparently, Joe Mary Stock 1980 is enthralled with my situation for some unknown reason. Well, with my recent purchases, I am currently down 37% on this position. Certainly not 90% like Mary 1980 and his / her sidekick Sclarda love to suggest.
At any rate, I freely admit this has turned into a speculative trade at this point. However, I still believe in this company long term. Can they go bankrupt at this point? Sure, it's possible but I don't see it happening. I remain in the camp that Florence gets done and they will weather the storm. But, as previously stated, I now view this as a speculative trade.
Mary Joe 1980 and Sclarda Jane love to call me a pumper of this stock who has lost 90% of my money. As you can see, they are false statements on their face but why stand in the way of facts??
Here's the best part Joe Mary Sclarda Jane....the funds I have invested in this trade won't affect my life in the least if it ultimately goes bust. Will I be happy? Of course not. But these are speculative funds that I still firmly believe will pay off for those that can weather the storm. We shall see.
And by the way Joe Mary Sclarda Jane, try to at the very least get your replies factual. I already know you won't but everyone else here will. At least I'm not scared to put my position out there. The gutless wonders? Not so much. They get off on throwing bombs without ever disclosing where they stand with their positions. Not surprising. That's exactly what gutless wonders do.
Good luck to all Taseko believers!