Ardea Resources (ARRRF)

[tootalljones]

It's funny, about 4 months ago I was up this stock several hundred grand. I had bought a ton, and pushed it up from 80 cents, where I started buying all the way up to 1.60 u.s., something like that, and like a fool, i did not sell. I ended up, in just a matter of a week or so, selling out almost 1 million shares at an average price of around 1.24 u.s., and ended up with a net loss of around 30 grand, probably more, as I hate to look at my loses, but that is close...........I knew it was so very dicey, a popcorn stock with a story, as many have..........And now we have the report that came out, and it turns out, the project itself is very dicey, which puts the company and its stock price way WAY DOWN UNDER...where the property is.
So the takeaway here for smart investors is this: WHEN NOT ONE BUT TWO MAJORS PASS ON A PROPERTY, AND SIMPLY GET RID OF IT, never ever ever EVER consider it as a suitable investment. Those companies have top tier science people and engineers and they know what they are doing, and if you think you know more, kindly send your resume to these 2 companies, see if your credentials stack up with their own experts, that you think were so wrong, who said the property was not worth it at all to go farther with, and to dump it, to a popcorn start up, which is what arrrf is.