That's why you buy in 1/3's, instead of sinking in at one level. true is an eternal optimist, but obviously savvy and saved enough money to average down his pps. he'll make more than any of us if his cost per order isn't too high.
If I remember right, aren't you around .021 pps? If not, sorry for the mistake. But, I can see how higher pps investors feel burned by the recent decline in price. But, with the news you got from oldfart9 and cobre today, how can you not feel like the profit is on the door step??? I am sure if you were one of the first investors, this has been a very painful adventure, but I am rejuvinated by a steady price today and the news we heard.
And Hammer, don't throw out a 200% increase in price like this is a $30/share stock. You know this could jump in a hurry, I mean comeon, you have already witnessed it this year!
Mark has his doubters and I am with you on the lack of transparency. But knowing he is working hard to make this brainchild a reality is enough for me. The reserves in the ground, that he bet his life on, are more than solid and worth a lifetime of riches once they get the mill dialed in.
And before you pick apart "once they"...how do you dismiss this FACT from cobre? "*The concentrate numbers are looking really good, 35-39% copper, gold, and silver. They need 28% to sell to Sempra." If we are exceeding the copper levels, isn't that better than being short and having to find better claims to process? I think adding a little more rock to dilute, if needed, is way easier than raising the copper levels. More copper % = more money!!
I am sure you'll reply with something, so fire away!
