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Gold/Mining/Energy : Precious and Base Metal Investing

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To: jimsioi who wrote (11455)	5/24/2003 1:40:58 PM
From: jrhana	of 39344

re RDU.V After Elizabeth began recommending it, I bought some around $.45-.50 USD. A few weeks ago I added at about $.80 USD Currently it is about $.90 USD bid. I sometimes like to add to winning positions when my intuition tells me a stock is acting strongly. So far in this case it is paying off. Thank you for confirming in a scientific manner what I have been feeling in the stock's action. I realize that here the philosophy is often the opposite-ie take profits and buy the weaker ones (which may be on the bargain table). I think an eclectic approach is appropriate. My plan is to hold on to this. I think raising cash may be prudent in the next some days to prepare for a possible summer dip but I have no plans to sell this one hoping to buy it back a few pennies cheaper. <VANCOUVER -- The Cordilleran Roundup provides an opportunity to see the juniors in a comparative surrounding which is especially helpful. We’ll start off with companies that have caught our eye and follow up in the next few days with companies that other pundits made a note of. Radius Explorations [RDU] Radius has staked out ground on the Guatemala Gold Belt and its preliminary exploration results were good enough to have Gold Fields [GFI] jump in as an option partner on the Tambor and Bella Vista Projects and commit to spending a significant sum. Drilling and trenching results from mid-January further confirmed the value of the project With Gold Fields taking over operations on those projects, Radius switched its focus to the Holly project in eastern Guatemala which has shown a lot of promise. Trenching results in the middle of last year boasted very good gold and silver grades from a system of epithermal veins. Holly was subsequently optioned to Lalo Ventures, only for it to default and hand the project back to Radius. Subsequent drilling returned very strong grades along good widths. Radius is flush with additional regional projects that appear just as prospective. One is a joint venture with a Radius controlled subsidiary, Pillar, on the Marimba project, further to the east of the Holly project. Management is solid and supported by a strong board. The company has 36 million fully diluted shares out (25m issued) and cash on hand exceeding C$2 million. For those wondering about Guatemala’s political risk, consider that it agreed with the US and Canada in recently rejecting Libya’s chairmanship of the UN Human Rights Commission.> mips1.net

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