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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Michael Bidder who wrote (20489)	9/15/2003 9:31:09 PM
From: E. Charters	Read Replies (1) of 39344

I don't think people are saying that it's greasy or soapy or anything like that. Promotion is what goes on here, on most stocks, a RR says. We are touting our picks for whatever criminal reasons. Mining promotion is a necessary evil as no one can finance a mine at 1 cent a share. We can see minerals on the surface and we can see that in the past two things happen. 1. they get better 2. or they get worse. All drillers are pure chance. You bet on dice by managing money, not by just calculating odds of 7-11 versus boxcars/snakeyes. It is the loose management of money that leads to gambler's ruin, the ages' old saying that describes the tendency of continuing to bet on the next long shot until after rows of losses there is nothing left to bet with anymore. This is fundamentally what almost kills the VSE every 7 rabbit years. The best way to play a headscratcher, long term waster, or sudden death final, is by playing with money you can afford to lose. Hope is a girl's name, not a way of playing the market. EC<:-} EC<:-}

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