Greenstone Resources GRE.T or GRERF OTC Message Board

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Gold/Mining/Energy : Greenstone Resources GRE.T or GRERF OTC

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To: Baba 2 who wrote (764)	6/11/1999 1:35:00 PM
From: EZbeliever	Read Replies (1) of 1005

Baba 2 I'm with you on this one. Just doubled my position for 12.6 cents US. Were really talking about peanuts here. If it becomes wallpaper, so be it. This situation defines the risk/reward principle. Heck, I know many people who think nothing of purchasing a $40,000 car that is worth $30,000 the day they drive it out of the dealers lot. Or fly to Vegas to bet in games that are impossible to win over time, passing it off as "entertainment". I research, own, and follow a number of junior mining companies. It is very rare to find a PRODUCER priced like this one. When the POG turns the effect will be immediate and dramatic due to current production. Of course the $64 question is when that event will take place. My gut feeling is the darkest cloud of negative sentiment is over us right now. IMHO the threat of upcoming gold sales are having more effect now, than when (and if) they occur. The same fundamental principle as "buy on the rumor, sell on the news" applies to negative scenarios as well. At current prices GRE is the lowest premium option on gold I know of. We shall see if it expires. EZ

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