AUZ 7.69% 1.2¢ australian mines limited

Ann: Trading Halt, page-352

  1. pc3
    1,023 Posts.
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    Geo Appreciate your honest and good post....agree I had trouble seeing the signs. And hypothetically I could have a much large position (if I wanted) had I been able to "sell" a little easier. Admittedly I find it very easy to buy, but for whatever reason ALWAYS have trouble selling......

    Honestly I fully agree with what you have written regarding if you had intentions of selling, before last Friday was the day, or perhaps earlier than that, a couple of months, maybe three ago it hit high 5's or 6's if I recall correctly.

    Anyway I was red then, lowest I have bought to date is .032c

    But rightly or wrongly my gut tells me Sconi will be mined and I am now better of to hold because as you said there is a CHANCE we have some decent news flow coming. I have always said i'd hold until production, and I still think eventually they will get there. I hope they do as "for me" personally have a bit in it, not end of days amounts, but enough that if it goes 100% south I'd be like a bull dog chewing on a wasp.

    I reckon Marcus is little by little patching up some of the mistakes made by people that didn't have his expertise with finance and credit raises and reality is that is going to take a little time and some pain to right the ship. However I do believe the original decisions had been made with good intentions albeit a little naivety.

    A "Marcus" probably should have been hired 6 months prior to the original SK negotiations.............hind-site is such a wonderful and useful tool
 
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