'In 1903 Hughes and a friend traveled out to North America
where he began work on a railway survey gang in New Mexico
and then at the mines in Cobalt. He made a name for himself
as a mining reporter and became the editor of Cobalt's Daily
Nugget. He quit when asked to support the Conservative
Party in the periodical as he advocated independent
journalism. Hughes then went on to found the Northern Miner,
which is now one of the largest mining newspapers in the
world.'
Tripped over this while showing someone how to use the net to research her family tree
bdr.v - i've got a few, had a lot more two years ago when it was ybr.v, picked them up summer '01 for .07 average or something, sold to freebies [or below] when it had its first run in early '02 .... so far so good, russet's freebie plan, but then i was shutting down the account they were in, sold the rest instead of transferring, then figured they could be bought cheaper later, which was somewhat true, only i wasn't watching when they sold down ..... aargh, another case where the freebie plan was far better
There are times when keeping freebies doesn't do you much good .... the '96-'99 bear, for one ... it felt pretty silly to sit there with Sherritt, for example, and just watch it grind down day after day .... then, being emotionally invested in the thing, buying back in prematurely, that was even sillier ... same exactly with Kinross in that time .... works fine for speckies in bull markets, yes, but you have to buy well, and be disciplined about selling too, that can be the hardest part
Sometimes you're attached to the story, we all are on our favourites ... hard to sell then, but nothing goes in a straight line forever, you have to look at it like you're just raising a little cash to get the same shares back on a retrace |
