CNMC Gold Mining

[money]

Hi Specuvestor. I have not met any of the mgmt team for cnmc nor seen their presentation live only got their info through reading materials available. I started in this counter in 2014 with a very small bet to act as hedging against equity and political turmoil. today dip was the first time I added some stake. would you have any advice or insights that could provide me some guidance? I buy into this counter also because the mgmt have been very upfront in their activities via the press.

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Hi LIAG, should you lose money in this company, i think it is okay, everyone will make mistakes some day. Perhaps in this company, you forgot to consider the political risk and the very fact that some governments are just chao kwan. Anyway, you dont have to double your holdings, you need not make money back from the same company, sometimes it is just impossible.

Think about the many uncles who bought cosco from $5 to $9 and still dreaming that if they hold the stock further, someday they will get back their capital. sadly, my dad is one of them