Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Condor who wrote (22859)	10/25/2003 4:57:19 PM
From: Andrew	Read Replies (1) of 39344

A mix is the best plan IMO with an emphasis on proven reserves. Its great to allocate a certain percentage of your portfolio to junior explorers for their potential large gains. I personally though feel that the junior market is pricey and would lean more toward proven reserves and leveraged producers. I have made no changes to my portfolio in 3 weeks other than trading a few here and there and lowering my cost a bit. Obviosly I am perhaps a bit more conservative than others here in the way that I have more allocated to larger producers but I am also aggressive in that I am 100% in gold stocks in RRSP accts. I have two gold mutual funds which I feel help diversify me into some juniors and other producers as well. My holdings by % as of todays acct update. AZS 4.73% G 17.03% K 12.02% NSU 39.41% PDG 10.95% __________ 84.17% Altamira Precious and Strategic Metal Fund 8.14% CIBC Precious Metals Fund 6.96% ______ 15.10% Cash 0.73% I know I have a large % in NSU but it keeps on going up I can't help it <GG> What I have left is actually half my original position and I have traded it recently to lower my cost even further. For the most part I own very liquid stocks right now other than AZS which I don't plan on selling for a while. NSU is actually a fairly liquid stock. I like liquidity incase I have to bail. The mutuals are easy enough to sell. Since the gold shakeout 3 Fridays ago my acct has risen 28%. Would love to hear how that compares to the performance of others on the thread who have different allocations. Just so I don't get sued by anyone <GG> I will once again declare that I am just a crazy goldbug with charting abilities, and nobody should take this as advice, just me stating what I own. Further I may blow out any or all of these on a moments notice and or take positions in different securities.

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