ERL 0.00% 0.3¢ empire resources limited

Hi Robert ... yes actually my $20 grand loss is mitigated to...

  1. 5,305 Posts.
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    Hi Robert ... yes actually my $20 grand loss is mitigated to some extent by profit in AJM ....but basically the rest is currently sitting in loss on another microcap goldie, WPG which may or may not come good.
    At least after some time with that stock I believe the directors are well intentioned
    Will know soon.

    I have had that empire code sitting in my portfolio like an evil beast for such a long time that freeing up $9 grand is worth it even if I could have recouped the losses by trusting them and waiting.
    If Anglo was prepared to walk away from their enormous deposit and take the loss on the chin so can I.

    Possibly this negative and alarming attitude is disturbing to newcomers who may well decide to bolt at break even or small loss and then have cause to curse me if ERL pulls more rabbits out of their hat and the price goes up.
    I am possibly effectively feeding into the hands of those with stronger constitutions .

    But honestly who wants to arm wrestle with a Hell’s Angel?
    If you don’t find another pub to drink in until a new publican comes on board .

    Cheers
 
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