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Gold/Mining/Energy : Cusac Gold Mines (CUSIF)

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To: tsigprofit who wrote (336)5/22/2002 8:11:38 PM
From: d:oug  Read Replies (1) of 379
 
Matt,
.
I'am in with a nice price (now) Canadian$0.20 done about
2 years ago, and eventhought we all had these past months
to average down, i did not. Guess i used that better to be
a year early than a day late, but i do have to admit that over
these past two years of seeing my initial investments in a
bunch of penny gold & silver shares drop drop drop, it was
until now quite an unpleasant wait wait wait :o)
.
But i'am holding longer than long now, no selling until
the price of gold decides to either hold a "low" range $350
for years, or maybe soon explode over $1,000 as some say.
.
"The big spike up today - up 75% at one point?
I'm a long-term holder of CUSIF.
I sold some of my position today at .19 and .23
(didn't get the top of .28 :-0 )
but continue to hold and swing trade it."
.
I totally understand the buying & selling to obtain what
some have accomplished, getting the "free" shares
after a double and sell 1/2, and even making a profit
no matter if small since they can add up to "real" money
and put a smile onto them too too many :o(s)
.
I can do a long wait with no selling because i used "not needed"
investment money, and its interesting now to wait and see if that
Bre-X type bubble can happen to all penny stocks when they explode
and we can get x100 if we sell quick before they drop back to x10.
.
Sounds crazy, but imagine those folks who did a buy of a dot-com
for $200.00 and have no idea that $20.00 is a high number comparied
to like today's $0.20 so that an x100 of $20 a share for a share
in this company seems on the low price, but for us its x100.
.
"I'd like to see if it can get first back to .50-.60,
then to $ 1.00 to $ 1.50 again, like it did in '97."
.
thats tooooo easy d:o)ug
.
stockhouse.com
5/22/02 - Stock Options Granted
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