chip away, page-3

Thanks but no I don't consider myself to be a daytrader unless I am lucky enough to buy a share on Monday and have it spike 40% on Tuesday. I have held NMR since Dec 2011 when I paid avg 3.8 and sold a small parcel in late Jan 2012 at 5.9. Been accumulating since then and have watched the SP ratchet down to 1c last week. Missed last weeks spike to 2.8. I won't sell at a loss. IMO we have a winner here. As I said if some of my other stocks increase in value I will sell at a profit and pick up some more NMR when IMO it gets chipped away at until 1.1 - 1.2 again. I may well be wrong-we could see another spike-who knows? One thing though-we already have 6bill tonnes of coal and it won't be assay results that turn the tide-it will be info on the Botswana rail system. Everything hinges on NMR's ability to get the coal to market-apart from a takeover all other info is fluff IMO. Anyone who consideres themselves a guru in this market is in for a big fall IMO.
Good luck all