RE:RE:RE:RE:RE:Updated 'Corporate Presentation' on Excellon's websiteYou can't be serious? Are you telling me that you held these shares from their highest valuation and kept them until they fell all the way down to the present day price? Nobody does something as dumb as that! Do they? That would be extremely stupid!
Never fall in love with your investment! Your not married to it!
On the other hand, anyone buying in today and holding these shares until the price did rise to $1.50 per share would be very handsomely rewarded, would they not? However, I doubt that anyone would do that either.
Profit taking is taken at many different valuations as time passes by. Sell a part of your original position as the share price rises. And get the heck out if the share price starts to signal that it has risen, far to high!
The Mallay mine has not been purchased yet. So we have not had any share price appreciation. It's as simple as that! For the time being, the matter is still before the courts in Peru.
Investors buying into this company are taking a gamble during this period of share price consolidation. But Imagine if you were the early bird and bought a lot of 9.5 cent shares and they did indeed rise over a couple of years to about $1.50 and you held them all, how would you feel then?
Buy low, sell high!
Keep things in a better perspective!
All the best! Java