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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Proud Deplorable who wrote (2013)11/18/2005 9:58:52 AM
From: Claude Cormier  Read Replies (1) of 78419
 
- Don't you think that BCM is, for the immediate term, a better play since it is in the limelight right now? It could gain another couple bucks short term if it keeps on its present track. It's where the excitement is at the moment.

Yes at the moment. I agree with that.

-I own both of them. I was just asking if its safe in your opinion to sell CKG (getting back in later) and going overweight BCM?

I don't know if it is safe. CKG may have bottom here and about to start a new leg up. BCM could find the end of the deposit and the stock could consolidate. It always depends on what you mean with "overweight". I have that 15% rule. Since we can't be sure of the future, I prefer to remain diversified even if all my positions do not have the same momentum.

-You were talking about the time before the FGX takeover but you don't think we are anywhere near that stage with CKG, right?

No we are still very far from a takeover. But maybe not that far from a new leg up.
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