Fast41, we probably do have different risk tolerance levels.
I don't consider myself a gambler - not that I'm saying you are! I currently do not hold any junior that has less than about $8 million to $10 million in cash as at 31st. December.
I was buying in the market yesterday and I will be buying again today.
The problem in a very weak market sometimes is when there are queries about a company's progress it's difficult to tell whether a stock is getting smashed because of issues in the company or whether it's just being dragged down by weak market sentiment.
It's only when the market recovers that the reason for the decline becomes clearer.
As for AYN, it will be interesting to see if 7.5 cents can hold today and what happens should it not hold. 1.8 million shares on offer below 7.5 cents at this point in time, but as we all know, on screen buy and sell orders often disappear just before a stock is about to trade.
Good luck Fast41, and I hope you do well in AYN.
And as I have already posted before, there is no satisfaction for me in seeing any emerging junior miner here not succeed as it just dampens market sentiment towards all juniors.
AYN Price at posting:
4.6¢ Sentiment: None Disclosure: Not Held