Touquoy, I think you need to remember we all have a big interest in atv doing well. I am nearly all in, including the SMSF. But as I see it better to set yourself up to under promise and over deliver than the contrary, as it could end up fairly demoralising with constant slippage and bad news prevalent in atv thus far.
Since getting in to atv even with my approach, I have only been disappointed. However I suspect it must be worse for the optimistic types, otherwise they are happy to move their goal posts 50m back on a monthly basis. The old average down justification is fairly desperate IMHO, its very hard to catch a falling knife unless you have big pockets. I dont.
However the current valuation and potential within the projects in development and the exploration ground in Nova Scotia, justify the disappointment I have incurred to date. I am not blinkered with emotion, I have been looking around for better options in the gold sector without joy so am sticking with the old faithful. Obviously the lack of progress became too much for KPNG, it may be the best decision he ever made, hopefully its the worst!
ATV Price at posting:
3.5¢ Sentiment: LT Buy Disclosure: Held
