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Strategies & Market Trends : Natural Resource Stocks

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To: gold$10k who wrote (2546)10/27/2003 9:24:08 PM
From: Cogito Ergo Sum   of 108683
 
Hi vt,
Someone ran MNP well I picked that one up for a lark. At better than 30% gain so far it's a nice lark :o)

so I'm not in AGI This is my 3rd go this year. At least one time earlier this year I was in concert with you on that one.. Actually you had gotten me thinking about it again... Thanks :o)

so I'm being careful about buying anything outside of the PM sector Nothing too large but I'm almost thinking it's dip buying time in Asia but yes being careful..

Base Metals (CNI.TO) Yeah I completely blew that one. I was accumulating last time when you were but got spooked and nailed the bottom in the bad sense ... :o( Actually I think I posted that here on Iso's thread. Can't win em' all..

Cash I'm down to 10% of very liquid trading cash bearing in mind I have a fair core position in CanRoys which barring catastrophe is not likely to be traded. The largest Baytex is still below NAV I Believe so as a good value play along with an 18% divi. Also I've a good bit of Premium Canada Savings bonds which are redeemable only once a year without loss of current year interest but good unless Canada forfeits... not likely :o) All told about 30% cash but some is off limits for trading except for the opportunity of a lifetime :o)

regards
Kastel

EDIT: BTW I do have some trading positions which may go out the door tomorrow or soon which could triple my liquid cash position.
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