I headed to Oaklands not long ago to visit some friends and I went to the local and the subject of the mine came up and the usual "not gonna happen" and "they are just more hob nobs out to take peoples money" comments came through and I had a laugh. When asked what was so funny I asked if any of them actually tracked the stock which they all said no and one said "they are worthless, like 20 cents each".
I said to him "why didnt you buy any at that price" and he came back with why buy was useless stock.
I enjoyed seeing his jaw drop when I told him they were above 80 cents each and if he dropped $10k into them he would be worth $40k now.
I told them about Tinklers investment, Orphesus etc and then they actually woke up.
Its a shame, but usually the most negative are the ones who have the most to gain.
CWK Price at posting:
89.5¢ Sentiment: Buy Disclosure: Held
