RE:Why I'm a buyer.Point 1, agree completely.
Point 2, that's good, experience.
Point 3, can be a highly profitable trade, though often a complete wipe out.
Point 4, Don't quite understand the 'minimal downside risk'...if you lose your whole stake.
Point 5, It's really cheap...for a very good reason, a catastrophic failure, no income, huge costs, and huge debt.
Point 6, Fair enough if it's a small investment, and basically just for fun.
Point 7, This is the one I'm really struggling with, the team have been consistently poor, over hyping, not communicating, hiding salient important information...as the 14,000 Ton heap leach pad landslide in January, which would have been a huge red flag to me personally, and of course the relentless under performance, curious why you like the people?
Point 8, We have no idea how bad the damage is, or the actual time needed to get the mine back in production, if at all. I'm all for positive thinking, but not wishful thinking, your positivity needs to be backed up by something, and at the moment there is literally nothing but complete guess work. But I wish you well, and hope it works out for you and the other longs who are hoping for better times...now I'm off to put more soothing ointment on the delicate area in my lower portions caused by the massive kick in the nuts this fiasco resulted in...