HWK 0.00% 4.1¢ hawkstone mining limited

quality over quantity, page-74

  1. 1,081 Posts.
    "i haven't been wrong yet"

    jakeb,

    If you've been right for so long then why are you still holding? Sure, it often makes no sense for any shareholder to watch their capital erode even if they still have faith in a company, but for someone who has no faith in a company and is convinced of their future direction it sounds even more bizarre. So what is not wrong about that?

    Your claim of me being emotionally attached to the stock is not the case either, in fact I'd say its the pot calling the kettle black. I have no interest in calling the company or management dogs as you do, or any of the other colourful hyperbole that you seem to favour.

    I like investing in junior resource stocks because the reward is potentially big, but at the same time the risk is very high too. When I lose money on juniors its no fun but I accept the potential for losses before I play, else it would be like seeing a sign warning of croc-infested waters and then complaining afterwards if you get bitten.
 
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