Look at the Monthly Chart of GCY before you sell !, page-11

No. But if he did, he'd be applying the same principles. Buy in when the stock is being overly battered by the fearful. There's gold in the ground and a plant that's just hitting it's straps and a new B&M that's being deliberately conservative with forecasting to bring back the market confidence. The operatIonal teething issues have solutions and there's a whole lot more prospects in nearby tenements for increasing the mine life. Buffett wouldn't be buying the fully priced stocks. He'd be buying this one. He has likened stocks to being like an injured sportsman in hospital. They'll get back on the track and start producing results again.