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Gold/Mining/Energy : Precious and Base Metal Investing

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To: dblclk who wrote (4367)6/21/2002 11:08:05 AM
From: Frank Pembleton  Read Replies (2) of 39344
 
d... I ended up selling my position in Corner Bay in bits and pieces - as I found other speculations that interested me more. Personally, I don't like complexity - warrants, options and other highly leveraged tools, I'll leave that to the more sophisticated investor. I sold BAY because it was taken over at what I think is/was an excessive premium, $4 in the ground silver? The odds of another double weren't there for me, which is why I moved on.

The new deal like the article says is probably better if you're bullish on silver. Jim Puplava and his $150 per ounce silver within a year scenario is perfect for these warrants. I don't believe it, I also don't believe that pigs can fly.

Regards,
Frank P.
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