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Gold/Mining/Energy : Precious and Base Metal Investing

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To: TrueScouse who wrote (81)10/10/2001 5:24:30 PM
From: marynell  Read Replies (3) of 39344
 
Aurora Platinum's results today are only marginally economic at best. Some persons on this thread are hoping for great drill holes, which is of course what we all want with our juniors. But in this miserable investment environment for the juniors, even a great drill hole will scarcely move the stock's price. In these market conditions it is best to play it safe with proven deposits that are economic even at today's depressed metals prices. That is why I own BAY and FGX.

The time to bet on drill holes is in a wildly speculative environment, when a drill hole can move the stock up 400% in a day.
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