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Re: Richard Perry post# 8105

Thursday, 05/29/2014 1:00:07 PM

Thursday, May 29, 2014 1:00:07 PM

Post# of 112502
I would have to move to about $1.45 for me to break even. lol
I saw a write up in an oil and gas investment letter that spoke highly of Santo Mining Corp, bought it one day and it dropped like a rock starting the next day. lol I think I bought at the absolute high and held on thinking there may be some kind of reversal with the kind of article I had just read. Instead it just kept dropping until there wasn't any reason to sell, just hold on and hope for a change for the better.
I couldn't understand why they kept buying more property and just tried to develop at least one. It appeared they had some in good areas with a chance to mine and produce from at least one decent property. They always bought next to producing mining properties. jmho

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