Hello Johnny,
I hope your investment decision works out best for you when it comes along .
things you should avoid when investing.
1. dont invest/gamble more than you can afford to lose, which also means dont invest money you will need to pull out at a certain time period especially if thats a year or less.....
.Warren Buffet just sat around and waited for his stocks to become popular and bought them before they were ever on the radar of being popular.
2. being impatient and spontaneous is a bad investment strategy for anyone.....emotional investing will make you make the wrong decision 90% of the time..............thats why contrarian investing is so successful.........the majority of investment/sheep trade with emotions.
As far as the deadline goes......That will surely be pushed back under the agreed fact that there was a political roadblock with china .......the same reason it was already pushed back earlier.
this can become huge or this can become a bust.........even pxmff is at a multiyear low right now,,,,,15 cents.
I believe with the earlier comment that if it takes over a year from now....the philipines might give a piece of their royalties just to get this done........and thus paving the road for china to grab the whole of the spratlies in land air and sea rights....BUT at least we will see a decent return for our risk and patience.
I feel less certain it will get done but the risk of missing this boat is larger than the fear i have on losing 80% of this capital invested......ive pulled out early way too many times before and could have been a millionaire many times over by now if i showed patience and strength.
furthermore........if i was to start getting out of my 3 million share investment.....i would single handedly be responsible for bringing the stock to .004 before i even sold half my investment... so why even bother....I'm married to this til death do us part, weather i like it or not...a divorce would cost me 80%.......same as if they anounced this deal dead and burried,,,,,,,,,,,,,,,,therefore i'll just consider it lost in my mind and hopefully be suprised in 18 months.
p.s. a government agreement would push this higher moreso than a corporate partnership<rightfully so>...........as it is certain that a partnership will be anounced if china /philipines agree..........and if a partnership happens before the two countries agree ,,,,,well then there is no guarantee the counties <china> will agree to the actual drilling.
good luck to all
good luck
