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Re: investor20501 post# 20315

Wednesday, 04/17/2013 3:31:49 PM

Wednesday, April 17, 2013 3:31:49 PM

Post# of 26631
Received your PM. You still don't understand!

There is a difference between trading and investing. I have lost nothing from any purchase under $2.00/share, since I have not sold anything. I did take tax losses a couple of years ago on +$3.00/share stuff, but then bought back after wash sale restrictions ran their course. Actually I think I got more shares as the price dropped after I sold.

When you are investing long term you just accumulate shares as cheaply as possible with your FCF. I think it may take another five years for this company to really live up to its full potential, but it makes no difference as long as we get there. There is so much expansion ahead of us. So I have lost nothing, just as I have made nothing on the shares I bought years ago under $0.05!!

I guess this is just to tough a concept for you to get your head around. We invest for the future, for ourselves, and our families.
The mining sector in Panama is just in its infancy! So we buy PTQ and now FQM also. That is how you build and maintain wealth, not by chasing a chart. Do you really think it will matter what the price is today five years from now?? Only in the sense that it was truly an opportunity to participate further in the sector.
Fundamentals are growing steadily. Each year we are bigger and stronger. We have a great management team with the proper vision of what this opportunity really means, and we are well satisfied.
We are not amused with the insults and attacks wreaked upon ourselves and our team...but then we consider the source.

Good Luck with achieving your goals...it is just they are different from ours. We will be here and in mining in Panama as far into the future as we can see.

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