RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Canada-Critical Minerals Infrastructure Fund<span style="font-size:14px;">Your first 214K shares cost you $94K. Years later, you could have bought 2.7M shares @ $0.035 (or 1.9M @ $0.05) with that same money. In short, you initially bought a losing investment. Whatever you did afterward doesn't change that fact.<br /> <br /> Stated another way, your justifying your<span style="color: rgb(17, 17, 17); font-family: SourceSansPro, "Source Sans Pro-fallback", sans-serif; letter-spacing: 0.05px;"> decision by viewing the declined SP as now being available at a discount. That discount is against a price that you already paid. You would have been much better off to buy everything at a discount !</span><br /> <br /> Anyway, there's a radical difference in opinion in the investment community about this strategy. Throwing good money after bad or good long-term strategy? </span><span style="font-size: 14px;">The investment advice I got was that averaging down is best restricted to blue-chip stocks that satisfy stringent selection criteria, such as a long-term track record, minimal debt, and solid cash flows. </span><span style="font-size:14px;">One thing is certain though: Averaging down is only effective if the stock eventually rebounds because if the stock continues to decline, averaging down has the effect of magnifying losses. <br /> <br /> I also have been here for a while and have a decent amout of BONE shares. I also have been buying at current levels but consider my pre-consolidation shares as sunk fund not as a good investment. To each his own.</span><br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />