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Gold/Mining/Energy : Western Copper Holdings - WTC.T

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To: div5226 who wrote (474)8/17/2002 3:48:01 PM
From: Little Joe  Read Replies (1) of 754
 
The problem with your analysis is that WTC is sensitive to the price of silver and you are assuming that silver is headed up. I happen to think it will also, but only after it completes its present period of weakness. Since I think the near term is lower, I choose to wait until the market confirms my expectation of higher silver prices. If I am wrong I don't get sucked in and if I am right I will still participate.

Little joe
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