RE:RE:CCD Update
in my worthless opinion, reading between the lines, I think Ed had two problems when it came to this stock. He became personally acquainted and overly admiring of BB... And let's face it BB was a great salesman and probably a so-so geologist. So Ed confused confidence with competence which is a common problem we all run into now and then. Secondly, when things turned south he had no exit strategy because of his confirmation bias about the company becoming a big winner eventually. So as it went lower he just became more convinced that it was a bargain. I guess I can't blame him since I have fallen into the same traps myself such as stubbornly listening to Ed and not my own gut feeling. Hope springs eternal so maybe we will get out of here with a few pennies per share at least. Even a $20 million market cap would bring us up quite a ways from where we are. And that ain't much for a multi billion dollar 30 year project...