APG 0.00% 0.2¢ austpac resources nl

i finally dumped mine today

  1. 58,089 Posts.
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    I have held APG for over three years waiting for the run which never comes.

    In at an average 14 cents during 1999/2000 and out at 3 cents today. This is the last stock I was still holding from the good old boom days and APG had been 20 cents at one stage.

    Never again will I hold a stock as it sinks, no matter how good the story. In fact APG still has fundamental potential but I think it is going to wither and die before it ever capitalizes on what it has.

    On the bright side this loss will offset the gains I have made with KZL/KZLG and expected gains shortly with MGX, SMO and possibly AKD. So no capital gains taxes for me this year.

    Dave R.
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