American Consolidated Minerals Corp AMERF

I TOOK MY LUMPS.....

[ss1867]

and moved on about a week ago, You guys are right when you say this thing is dead in the water. I got out fairly unscathed as I did a big average down then sold the whole position on a pop...still took a 10% haircut overall. You win some and you lose some...I have recouped it all plus some by piling into the Wicheeda lake REE plays in B.C. Check out CIN, EMI and IMT...there are others in this fast up and coming area play but you can't dance with all the girls at the party. As allways each and everyone of us must be comfortable with our DD and risk exposure. Good luck guys....hope it turns around here, still watching with interest...Where are those dam assays ...Does it matter? No SP run leading up to their release speaks volumes !!

[ok2buy]

Is there no patience on this board?  I am new to AJC, but just one observation regarding insider buys.  A. Fabbro continues to accumulate on the public market.  Robert Eadie dumped alot of shares back in July/10 when the stock ran up into the mid to high $ 0.20's.  He promptly bought back 200,000 shares in October for $ 0.12.   Dead in the water is perhaps a

[ss1867]

Well said and your right....By no means was I bashing, my style tends to be quite agressive and patience runs thin on the portion of my portfolios that do not produce positive results in fairly short order...for me short order generally means 1 month or so. I still like the story here and this beaten up share price is certainly compelling, but it sure is tough being patient when you sit back and