Meanwhile, back in MongoliaEntree Resources (ERLFF) is 2 cents shy of a new 52 week and 5 year high.
Funny, Stupid and ILuv has bashed that pick ever since I sold Metanor and first started accumulating shares of Entree. Over the years they continued to bash as they hyped both Metanor and Bonterra. Now, in an odd twist of fate one is headed for new highs and the other is making new lows.
For Iluv and Stupid/Sidbet (as Pokin would say) is their worst investment decision ever. Team E members who followed this path have paid dearly if they have average down listening to Iluv. I also wouldn't be a bit surprised if Iluv is a shareholder of Entree. He just won't admit it because it wasn't his find.
This is exactly why I don't listen to investment groups, newsletter writers, or analysis (present company excluded Tsoprano). Most aren't any better at choosing stocks then anyone else. As for Stupid/Sidebet the first clue anyone here shouldn't listen to him was years ago when he said he didn't know anything about mining. The second was when he tried to push off a Diesel Powered electronic transmttion haul truck and an all electric haul truck. He got lucky one time and think he can magically pull it off everything now. Well he's going to give back a quite a bit of that big gain when this is all over. I took a loss 5-6 years ago, He will be taking the bath on this one compared to the loss I had.
Happy Thanksgiving!!