NewfNewf I always find your posts invaluable to this board. I really enjoy reading them. However I don’t really understand the “no pain no gain” b.s stated in your last post. Three years ago when the sp was at ~C$22 I had a decent ROI on paper. Today’s sp = C$1.93. It’s extremely painful for many longs like me to live through this insane +90% drop in value. I wouldn’t wish that on my worst enemy. Are you telling me I must welcome the excruciating pain because it is a prerequisite to any future sp increase? Really? You made a truck load of $ with your timely sales in the past and I’m really happy for you. But please don’t tell me that the paper loss and excruciating pain that I have to endure because of my stupidity in trusting this management is a good thing because of “no pain no gain”.
Btw, in order for LGO to go back to C$22 it needs to increase by almost 1,200%.