GREY:VITFF - Post by User
Post by
StuntCoqon Aug 22, 2024 2:15am
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Post# 36191219
Postmortem
Postmortem I always looks back and wonder how I get myself into a position of holding onto my boot handles without a courtesy hawk tuah. Here is my break down:
- The probability the land slide was managements faults is extraordinary high. Heap leach tech is not new, mining engineering and practices are a thing and somare slope monitoring devices and inspections. I hope the legal system is harsh with JM and the company.
- There were signs. The belt, always missing guidance, the rumours. Where there is smoke there is fire.
- This will inhibit mining in Yukon for a long time. Had moves not been made to block Couers purchase, this mine would probably still be running and I would have a bunch more money.
- Risk free money now is always better.
- Sell high, there was a chance to sell part of my position at $20 and I had a sell target st $15 but then got greedy and off loaded around $1 after the failure.
- If any board members resurface I will actively avoid investing in there new companies.