SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ride the Tiger with CD
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TheBusDriver who wrote (169674)7/14/2009 6:24:07 AM
From: Condor1 Recommendation  Read Replies (4) of 312839
 
EPM

In hindsightI have concluded that two things killed EPM.

1) Low grade ore body

2) Process problems that went on so long that they bled the project to death.

I was convinced after my own DD that this No. 2 pick of Claude Cormiers was a winner. I also (like you apparently) had too large a position in it.

I do remember voicing concern about the low grade of this play and getting "tuned up" here about not knowing what I was talking about.

What did I learn from all this?

1) Never overbuy a position size in anything.

2) Never dispense with my gut feeling on a matter.

3) Never talk up a project on a thread. Quietly do what I choose to do and don't risk having it thrown in my face by a disgruntled audience if it doesn't work out.

EPM..who'd a thunk it would be a bust..........

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News