Investing in preoperational companiesWhen investing in companis such as Electra investors need to look at the business plan, the opportunity, the size of the market, and the risks involved in getting to the operational stage of the company, among other things.
The most imortant consideration, however, is management. Without strong management, the stars and the moons can all align and the company might go down quicker than the Titanic.
I am amazed at how many people on this board seem disenchanted with management, yet seem to remain invested in Electra. If I felt that way, I would sell and never look back. Just my opinion, of course.