Just wanted to congratulate you on how GGA is working out for you. That’s an incredible story, where you borrowed $50k over the weekend and bought 800K shares at $0.06 the following Monday (do I have the number right?). After all the hell you went through over the past years, things have obviously really turned around for you in the most dramatic way possible. I’m wondering how your life has changed as a result…
And yes, although there may be no logic to it, how can I possibly buy at $0.31 when I didn’t buy at $0.06 or $0.10? It’s just psychologically impossible. There must be other gold miners out there that are currently at levels closer to the $0.06 you bought GGA at, right?
You are right that I have gone through hell over the last three years. I pretty much lost 50 percent of my clients. Some of them were very close friends. The story with Goldgroup is pretty much what is going to happen with all the other miners but not to the same degree. The sellers of Goldgroup got so amazingly stupid in November 2013. This is when I backed up the truck. Yes, I bought 800k shares but I did not borrow $50k. I sold some of my other positions, I had some extra money, and I borrowed some. I don’t want to say how much I borrowed because I want to keep it private but I borrowed enough money that I could handle the monthly payments for 4 years. I am still paying on the loan and have no plans of repaying it off quicker.
As far as my life, I am much less stressed out, but besides this nothing really changed other than I am extremely happy to have 800k shares of something that will go much higher. I have no interest in selling the shares of Goldgroup anytime soon. I don’t really care how large my position gets. With my money, I don’t have to report to anyone.
I am not aware of any other miner that is similar story to what Goldgroup was when it was at $0.06. Things like this do not come around very often.