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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: TheSlowLane who wrote (22914)10/16/2006 11:04:41 PM
From: ogi   of 78417
 
Hey TSL, Tom and friends, I don't know where this market is headed ST but I do believe the AU bull is still intact. TSL,love your technical insights and fundamental updates on select plays. Thanks for your contributions and that goes for others as well.

3 weeks ago I hit a Post Bre-x high( approx 10 times my remnants from that debacle) but then suffered a 17% correction. I finally bailed on what proved to be the day before a $ 12 gain in POG.
TYPICAL!!:)

However, I now have cash available and no margin hassles. I sold many holdings on the premise that this market is unappreciative and with few exceptions the tax loss selling season will present a multitude of opportunities even in those companies I sold this past week.

I still hold all my Guy.t, Bcm.v, Ark.v, Aru.v, Aun.v.
I reduced my Soh.v although still a big position and reduced my Lrr and probably will eliminate it until definitive drill updates.Lrm,Nau, Goz Gone but will revist.
Gsa reduced. Chx, gone.

The bottom line is I believe I can revisit all these Dec 10- 27
and but back selectively and big savings or small upcharges while I have reduced my exposure to a seriously weaker gold stock market. There may also be some screaming bargains I can now afford, yet to be determined but I suggest I will be looking closely at Dnt, and Cat as examples.

Best Wishes,
Ogi
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