Personally i'll stick with what i'd likely do in any case, which is to carefully pick up [actually, add to] a basket of little resource speckies .... the greater part ones with known metal in the ground and awaiting financing, development, and resource additions, but also a few greenfield explorers who look like they stand a chance ..... there is a gold bull on, of this i am fairly convinced, we'll see 330 broken this winter and we may see 360 tested, imho .... anyway, the speckie play is a seasonal thing, there's usually a decent profit in buying well in the weeks before the solstice, then lightening up around the spring equinox .. or in the case of this last year, just at summer solstice
... but while i have at most 25% of net worth in the sharemarket, i have likely 100+% in real estate ... which is a thing that cannot be generalised as in a 'bubble' imho, sure in some areas it will be, but over whole provinces or states or regions no, you'll find bargoons if you look, from any high-rent district a four-hour walk will get you to cheapos, imho ... [consider - where do the servants live-g-]
Kerry, you and i were talking about Bombardier somewhere, i forget which thread ... well i have a young friend here doing well in it, made a good buy, near or even below cdn4.00 i think, now he's thinking it could recover to a filling of the larger gap from august, possibly cdn9.00 even ... partly my influence, preaching at him about gaps ... do you have any fundamental thoughts on bbd.b? .... cheers |
