Takeover, New Team. 4x ROI. Patience Young Grasshopper
The best cure for impatience is to set yourself a reasonable deadline for action to take place. Up front and honestly, my personal deadline is Fall of this year, more particularly November. I am still confident there will be some business take place between now and then, but having a deadline is smart for investors in managing their money, having material plans in place to avoid managing money based off emotion is wise. My plan is to cash out if nothing material occurs by November. But as I do think there will be material progress taking place by then, I have another set of plans as to how I manage my investment here based off that material progress and stock price activity, which should go beyond November and into next year. As I've noted, they do have material incentive to get their stock price up above .46c so that they may cash in their options as they please, a nice bonus for their success. But I'm sure they'd rather cash in higher, above the .46c strike price. Just a reminder, Jaguar was taken over by a new group of folks last summer, as the folks running the show up to then were getting old and retiring as far as I understand. So that process usually takes some time, there's a period of time for transition. That's why nothing much has happened yet. The company history shows it has been very active up to then though. I'm sure these new folks want to get this show on the road too, and to start making money, so.... They've been working on getting set up for business, like putting their team together and sorting out the fine details for moving forward. This current economic environment is ripe for deals to be made, assets to be purchased, especially in the natural resource sector which they seem to have experience in. I've also heard from others who seem to know these folks, that Gold/Silver mines could be their niche. And as Rick Rule (a Legend in the natural resource / precious metals sector) says," we're currently in the early innings of a gold bull run that goes beyond 9 innings".