I have been watching Hot Copper quite a bit and I see that the BOT shareholders have plenty to say... and most of it is utter rubbish.
With BOT, we are 2 months (due late June) out from a major announcement, one that should have been made in September last year, and some of the retail shareholders are bored.
AND THERE IS NOTHING WORSE THAN A BORED SHAREHOLDER.
So, to counter their boredom, they create trouble and post stupid posts on HC.
I couldn't help myself and had to respond by reminding them that the company they invested in is also waiting for the June announcement. But BOT takes the delay differently. They don't sit around moping and getting bored, they use that time to prepare for the announcement by getting everything else into place. in other words, they spend the extra time advancing their company, keeping an eye on the final result.
If shareholders did the same thisg, then they would spend the spare time figuring out what their next step is. The reality is that investing is about building wealth, and a delay means that you get some extra time to explore opportunities to grow your wealth further. And new opportunities pop up all the time, but often there is no time to investigate them. So a delay like this is actually a real bonus when it comes to achieving your investing goals.
And that may mean throwing more money into BOT knowing that your money is likely to double in 2 months time.
Celebrate your delays by doing more homework. How long isthe delay likely to be? How doea that fit with your investment strategy? What other options exist?
And don't get stuck in FOMO (fear of missing out). That kind of thinking can lead to disaster.
Good luck with your investing journey.
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