Laurion Mineral Exploration Inc. V.LME

why the sharpe decline?

[newbie8484]

Wow! today took a turn for the worst. Any idea what went on?

[littledude28]

my guess is market uncertainty and the price of gold going down, I wish I had cash available to buy these at a discount!

[DAM$]

I did not look at it as a sharp decline, although I didn't like it but I saw it more as a sale. And I cannot resist a sale and have bought myself now Neck Deeper  in LME stock. Just rereading all the round ups of the potential for the stock lead me to believe that any dip in the price is a buying opportunity and nothing more. Is everyone else super overweighted in Our stock? I'm way

[Wmaver]

Overweighted and over leveraged.... with interest rates rising.... my carrying costs are going up.... sooner the better... heck I'd be happy with 2$ sell 20% and no longer loose sleep at night.

[DAM$]

No kidding. I just paid off a line I took out when we were at 75 cents. It paid to take it obviously but I debated paying it back or buying more. So I did both yesterday. 

[matlas]

I feel compassion for any members of this group who are going through financial stress because of their investment in LME. I feel quite confident that in the not too distant future, the reward will be realized and the stress will be over.