BBX 0.00% 24.0¢ bbx minerals limited

Ann: Exploration Update, page-102

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  1. 3,971 Posts.
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    Hi Asculpeous and all,

    Of course, we are all aware of the risks involved in investing in exploration companies and I for one don’t need any self-appointed guru that thinks he is all knowing to explain these risks. Particularly one that openly admits to buying into a company on a mere whim.

    One would think the time for all these questions would be prior to buying the shares rather than after they have been bought and sold for a small gain.

    I’m not sue what kind of warped pleasure these down-ramping agents gain wasting their time on these threads. I don’t think there is any altruism or wish to save potential investors any money either. They seem merely content to attempt to cause angst to existing shareholders. I say attempt because clearly, they are having little effect on the bulk of the current shareholders.

    To blatantly lie and by inuendo imply that Drake is not throwing money at this project for some nefarious reason when the truth is known by anyone with the ability to read a company announcement is puerile in my opinion!

    If one is averse to risk or does not understand any company they are wise to stay out of such an investment; however, they should also respect the views of others that feel the risk reward ratio is in their favour.

    At the end of the day the question of who is right here will be settled and one wonders if at that time those proved wrong will remain around these threads giving their advice!

    Personally, I am taking a relatively long-time view of this company as I believe it would be foolish to think this will happen overnight. I have also increased my shareholding recently and I thank the sellers for allowing me to do so without increasing my average cost significantly!

    I probably should also thank the down ramping inuendo team for their efforts during the recent months I was buying; however, that would be going just a little too far!

    Cheers and very best regards: Andy
 
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