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Twotone

12/16/11 3:38 PM

#76301 RE: Star Gazer #76299

I'm right here with you Star Gazer. I've been here for 5+ years and the fundamentals are better than they were when I first bought shares in 2006. I've never sold one share and I sure don't feel a reason to do it now.
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BBalls-N-CowTown

12/16/11 6:27 PM

#76312 RE: Star Gazer #76299

My biggest struggle right now is whether or not to double-down on this thing. That huge stockpile makes me wonder if they're doing that because they're having so many problems with the mill and they want to get what they can out of the rentals before releasing them with then intent of cutting operating costs to a minimum while they try to get the mill operation right.

There is a way out of this dilemma, but the questions in my mind are which door will they choose, when, and at what cost.
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ScotiaNostra

12/17/11 6:22 AM

#76327 RE: Star Gazer #76299

S.G. I guess we all did and we´ll all stick it out together ... some will flip meanwhile, some will dump on a whim or a moment of panic (I did) but most will still be here and buy in again as opportunities present themselves ... I believe we won´t get a buying opportunity in the trips but 0.00x is looking probable as they drive everything down before End Of Year. I for one will throw what I have at this last trading day of this year as folks rush for the exit ... but what you wrote below still sticks ...

I invested in a startup gold mine, in a gold rich area of the U.S. that had a business plan to recover gold without the burden of the environmental issues of toxic chemical recovery methods. They had completed their mill, at great cost with a less then desirable financing, got rid of that burden and today is operation as a fully functioning gold mine. Yes, there are more O/S then there was 6 years ago but that is how a company obtains funds to startup.
I’ll stick it out and see where we end up.