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Gold/Mining/Energy : Trillion ResourcesTLQ

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To: ForYourEyesOnly who wrote (51)12/27/1998 9:44:00 PM
From: EZbeliever  Read Replies (1) of 67
 
THC ... Default or delisting is certainly a possibility.

I'm holding on for one reason; Trillions portfolio of properties is outstanding. The problem is it takes significant resources to realize the potential. The current corporate strategy is to minimize expenses and hang on for better times. I believe the current poor performance is simply the result of this super bear PM market. The atmosphere of negativity in this sector seems to be at an all time high. You read may of the same threads and discussion as me and the prevailing mood is about as gloomy as it gets. My feeling is this is the ideal time to buy and hold. Everyone talks about buying low but very few investors have the intestinal fortitude to hang on to beaten up positions and keep adding more. You are one of those investors and so am I. I firmly believe the rewards will be earth shattering when this market turns! Come "Hell or High Water" I plan on being there when it does.

However, the potential of a company going down in flames is a real possibility. That is the importance of diversification of holdings. It doesn't take many 10, 50, or 100 to 1 run-ups to make up for a few total losers!

By the way, I saw you bought the Dec. 99 silver options. Good luck!

EZ
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