A Dose OF Reality? Personally, I have chosen to invest in Abcourt mines because of it's potential for greater profitability. What's not to like about that possibility? That is my expectation but that prospect it is not written in stone. Is this a disingenuous reason to invest in a business?
If many shareholders who post on this board do not consider this a real possibility, why did you buy and continue to hold? Why are you purchasing more shares?
As everyone can see, with every passing day, many more shares continue to be purchased. I am not the only one buying. Many others are buying. Are they not cheap?
Do you continue to hold because you expect Renaud Hinse to die shortly and expect the share price to jump sharply, as a consequence? If so, why do you believe that this would happen?
Do you believe that some white knight is going to step in and purchase the company for its incredible assets? Are you willing to continue to hold for many more years, just in case he doesn't?
You call me a pumper. I believe that I have tried to maintain some objectivity. I admit that I have chosen to project some positivity into this otherwise, quite dead forum.
Why do you choose to continue to bash? Will that help the value of the share price that you have chosen to own?
Each to his own!
I do hope that the share price will rise. But I expect that the speed, duration of this process and ultimate price level will be highly dependent upon the profitablility of the company.
It's an open forum. All opinions are welcome. I would sincerely like to read yours.
I would like to try to fully understand, why I should immediately, decide to sell.
All the best! Java