https://hotcopper.com.au/posts/36728938/single"150k is Danger...

https://hotcopper.com.au/posts/36728938/single

"150k is Danger Money, Chicken feed, Think Ebola.  It will happen when it happens. Just got to roll with the punches.

That's Life unpredictable.  lol Im down 500k atm  lmao  That's Life.  GLTA.  PS Im on your side as well as management, we are all in this situation together. "

@johnnycrash - is that just for you 4CE position or are you speaking overall ?

Thats the price of a house  !  

There is a thing called a capital trap, where your initial investment get sold down, and you either take a loss or hang on, or average down if you believe.

The best thing a person can do imo, is replace their thinking of "i believe" with "i gamble on this out come and this result".  When you brainwash yourself with the word "believe" it becomes blinding.  Belief if the death of reason and objectivity. 

When you can say "how did it get to this" learning from the journey, of what/where could should have protected capital becomes essential lessons for the future to get back in front by not repeated same.

Its dangerous in forums where the danger junkies keep re-enforcing the same mantra.
At the height of the music, the peaks in sp, is also a dangerous trap to walk into.

JB has a history of directing in stocks of a high risk nature.  He's upfront about the risk in DRC etc, that which is fair enough.

But there is a pattern, not just in JB, but that is a good collective to look at high risk plays that ultimately collapse. RRS - Somalia, CCC south africa, etc. Projects are hard enough on any given day, to get up and going, let alone the issue when the entire sector deflates, you then have any air left in the pump, trying to get the safer jurisdictional plays up again.

Only holding HIP with  DRC exposure, but still holding only because of their bat tech potential. 
SO its a gamble on tech for mine, not DRC. 

Best of luck with it.  Its gambling, not investing when the word spec is included.