Post by driller on Feb 20, 2005 20:18:28 GMT -5
any investment... if you don't believe in any company that you are invested in cut your ties and move on... follow your gut instincts and never look back regardless if you have sold and exited. It will drive one crazy to look in the rear view mirror and say should have would have could have.
I approached CMKM from Day 1 that the reality for this small company with lots of claims is having the money, manpower,infrastructure and expertise to be able to explore claims that vast would be very challenging and it takes years to get off the ground regardless of what you have in the dirt and the amount of it.
Fipke and his claims up north took upwards of $700 to $900,000,000 to develop his Ekati Mine over the course of nearly a decade to reap where he is now situated in his strategic long range planning and infrastructure. Mines do not spring up over night just because you the shareholder wish or desire them too. It simply isn't reality. Reality is... over the course of several years with hard work,luck and perseverance as investing goes you will find your groove with a company. But, only if you wait it out and have a large amount of shares sitting in at the bottom of the price point and if you hold them...maybe... and I say maybe... you might hit one...it doesn't happen over night folks and your never given time frames... investing doesn't work on imaginary time schedules in your heads... but the reality really says it never happens that way.
Take this for what it is... just old fashioned old school investing advice never put the cart in front of the horse do your DD and never follow anyone around by the nose. Be the captain of your own ship your portfolios belong to you and you only... and learn to make smart selections not ones ruled or steered by wishful thinking...but based on reality of situations and factual information that can be verified..everything else I wouldn't waste 2 seconds reading most of the crap out there... it does you no good in my opinion to invest this way...health and financial wise... but to drive you to make foolish choices and lose money.
For what is worth...
;D
I approached CMKM from Day 1 that the reality for this small company with lots of claims is having the money, manpower,infrastructure and expertise to be able to explore claims that vast would be very challenging and it takes years to get off the ground regardless of what you have in the dirt and the amount of it.
Fipke and his claims up north took upwards of $700 to $900,000,000 to develop his Ekati Mine over the course of nearly a decade to reap where he is now situated in his strategic long range planning and infrastructure. Mines do not spring up over night just because you the shareholder wish or desire them too. It simply isn't reality. Reality is... over the course of several years with hard work,luck and perseverance as investing goes you will find your groove with a company. But, only if you wait it out and have a large amount of shares sitting in at the bottom of the price point and if you hold them...maybe... and I say maybe... you might hit one...it doesn't happen over night folks and your never given time frames... investing doesn't work on imaginary time schedules in your heads... but the reality really says it never happens that way.
Take this for what it is... just old fashioned old school investing advice never put the cart in front of the horse do your DD and never follow anyone around by the nose. Be the captain of your own ship your portfolios belong to you and you only... and learn to make smart selections not ones ruled or steered by wishful thinking...but based on reality of situations and factual information that can be verified..everything else I wouldn't waste 2 seconds reading most of the crap out there... it does you no good in my opinion to invest this way...health and financial wise... but to drive you to make foolish choices and lose money.
For what is worth...
;D