Jay,
You are way too sophisticated for me. It looks like you know exactly what is going on. I only try to find the next long-term truth and steer in that direction -- even though I know there are many side roads that hold pots of gold, in my simpleness, I might get diverted down the wrong one and get lost and never make it back to the main road in one whole piece (this hold true for life as well).
I now hold about 30% cash with the other 70% broken up amongst Novagold, Seabridge, Goldcorp, Hecla, Tan Range, and a portion in a few others including one totally speculative gambler's chance (because I always have to have a gamble where I can own a hundred thousand shares of something based on ZERO DD and ONLY feeling) -- Copper Creek. Remember, I purposely do NO homework on this pick. Ever since my longshot pick involved a company where I DID speak to the owners, etc. and that went to pot, I now only pick by the name and feeling. I have two strikeouts so far, but I'm once again swinging hard with my eyes shut on Copper Creek. Probably another strike, but if I ever hit . . . .
Anyway, thanks for your thoughts. You sound very solid.
I remain,
SOROS
p.s. My gambler's pick is what keeps my nature so young and optimistic. I guess it is that upbeat and optimistic nature which draws people to me. (GG) ;) |
