SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Barrick Gold (ABX)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russet who wrote (3382)2/10/2003 1:19:34 AM
From: Elizabeth Andrews   of 3558
 
For the last time and before my next beaker, I liked Valadero. I predicted the price, the takeout price was going to be $4 per Argentina share. I shorted it and lost money. It dropped back to $2.25 or so and I bought it. It rose and I sold it made money and shorted it and lost money. Shit, why do I have to apologize for providing liquidity for smarter people?

It is true that the deposit appears to be much larger than I believed. It still is not in production, however, which was another of my predictions.

Short course is that it was a beautiful piece of geological work and I shouldn't have been trying to predict the outcome, given that I knew that Homestake was a stupid and desperate company.

At any rate I have repented. I no longer, at least in this part of the cycle, seek the overvalued but focus on the undervalued. There are only two that stand out as exceptional.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext