CRK 0.00% 26.5¢ carrick gold limited

value has increased, page-12

  1. 1,544 Posts.
    You're right Bbal, I could never understand that either. I have a friend who used to buy a few thousand shares and then sell out with a small profit, then wait for them to rise again and do the same, instead of sticking with it and making the whole profit. Unfortunately he wasn't quick enough in the downturn in selling out and lost the lot. Some of his companies were delisted.
    Now though the idea of buying a few thousand CRK and then selling for a profit of a few cents seems ridiculous when they are so clearly undervalued.
    It does take a certain mindset to stick with your shares when they drop from $1.80 to 32c. You need to be pretty tough and sure of what you are invested in. It's much easier taking the ride up than down!
    Some of my friends have been extremely patient but I believe their patience as well as ours will indeed be now rewarded.
 
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