Well said!
I have been “playing” the market for over 3 decades already. I was first sold on the idea of investing in Largo when a friend of mine, a CEO in the mining industry, told me about Mark Brennan (with his impressive reputation as a founding member of Desert Sun Mining) and his Maracas project back in 2008 (Under Mark’s leadership at Largo, the Maracas project was constructed and commenced production in 2014). Three years later, I sold a chunk with a 9 x ROI. Then I sold some more at 4 x ROI in Dec 2018. I still have a considerable LGO holding in my portfolio. In general my stock portfolio is divided into “Safe bet” (mostly banks), "Investment Firms" (pay fees for a boring ROI) and “Casino”(Largo + 2 other penny stocks bought with $ from LGO gain).
I’m passionate about Largo because it’s the only company that I’ve followed from “womb” to “maturity” and the only investment that has ever allowed me to realise a 9 x ROI. There is no reason other than a total failure by the leadership to control costs for LGO to be at a historical low right now. It is excruciatingly painful for me to see my pet stock fail because of a bunch of idiots in the management team who have been destroying the company’s value with failure after failure to deliver. But I’ve learned that nothing is certain in life other than taxes and death.
Believe me I’m far from being smart and I don’t pretend to be smart enough to tell people when to buy / to sell. Those posters who pompously play the game of telling others what to do with their hard earned money are in my “Ignore Basket”. Good riddance.
Btw, in my 15 years here this is the first (and the last) time ever that I dare talk about me, myself and my story.