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Gold/Mining/Energy : Southwestern Gold

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To: Claude Cormier who wrote (375)1/9/2003 2:53:54 PM
From: newfoundland1  Read Replies (1) of 585
 
I let just over 20% go at $13 and feel this was sensible but I do wonder whether there is too much "pressure" to divest oneself of real winners. The best thing I have done so far was hold onto all my considerable holding in FGX when subsequent to the announcement with Glamis many were suggesting time to sell up and move on.If I remember correctly the price was then approx $12. With Glamis at US$11.50 and with CKG at nil cost this would have been very expensive.

Once you do make the decision that we are in a Gold bull market then despite the setbacks does not history show that the most difficult thing to do is ride the bull for most of the way? Prior to precious metals I was fortunately successful in Biotech shares. In March 2000 - after absurd final rises - you had to be out, but those that gave up too early with some of the best performing shares lost out big time.

Rather a lot to hang on SWG I know but does make me think.

Wyatt
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