Post by
MVargas on Jan 15, 2024 3:59pm
Time to Leave this BB
I know from many years of experience that investors come to Bullboards like this one hoping for positive news and commentary in the hopes that their decision to invest in that company is waranted. They despise "trolls" and don't care to read any commentary that doesn't support their investment expectations. I get that.
I have been guilty of emphasizing the seemingly positive aspects of the company's progress over many years and have spent literally hundreds, if not thousands, of hours of research and due diligence in this company over the past 8 years. Certainly more than any other and maybe more than all other companies that I have invested in combined. My gains have been small considering the time spent and the opportunity costs.
I wish current investors nothing but the best and sincerely hope that everyone can someday recover their losses. I feel for those like OCBD who finally look the painful step to throw in the towel after many years of devotion to and support for the company. It is not an easy thing to do, especially for someone who initially invested at much higher prices.
Comment by
RatPatrol on Jan 16, 2024 2:07pm
HEY MVargus You are absolutely RIGHT! The days of free money being invested into marginal dogholes is over. New geophysics is pinpointing claims containing higher grades in easier geography. And opportunity depends NOT on future cash flow BUT on future financing. I left you a message with 2 or 3 ideas. RP
Comment by
RatPatrol on Jan 17, 2024 8:08am
Here is an example of what I'm talking about. BWDIK ?? DYODD ! It won't be hard to find others; I'm not a prospector or even a good librarian. https://stockhouse.com/news/press-releases/2024/01/17/k2-gold-samples-208-g-t-gold-and-high-grade-copper-in-rocks-recovered-at-mojave