some valuations going forward, page-7

G'day Pete
I sold for a number of reasons.
This stock has tormented me for years
Already done a lot of money
Rising wedge on the chart
Other opportunities
Over commited compared to size of spec portfolio (smallish)
Different management now but this company has always done exactly the wrong thing at exactly the right time.
Or perhaps tha is done exactly the right thing at exactly the wrong time?
Ie, Moved out of gold into tech at the top of tech and bottom of gold
relinquished nickel prospect just before nickel took off
etc
Not to mention the millions lost by the crook angus edgar.
I had the opportunity to sell when the price spiked to 12, I sat there saying "sell on announement", but didn't do it.
When I saw that rising wedge, the oppies lapsed, and I thought stuff it, I'll take 'something' back.
I do still have 64,000 shares, so hopefully something will come of them, but they are on probation, time to walk the walk, for me and AND.
Knowing the amount of involvement, financial commitment and dreams/possibilities you have lived through with this one Pete, I have great respect for your ability to survive, it would have killed a lessor man. :-)
Good luck
cheers
Rod