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Gold/Mining/Energy : Precious and Base Metal Investing

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To: TheSlowLane who wrote (27797)2/9/2004 10:56:22 AM
From: Michael Bidder  Read Replies (2) of 39344
 
Mr fergusson,

..you say the odds are against it yet you do ot have a c clue what it is.

.10c to $3 is a 30 bagger. 30 baggers are risky! You say this is EC's own play. I wish him the very best, I mean that sincerely. His chances are far greater because he controlls the play and is getting seed stock.

You say I am foolish to have all my eggs in one basket. Perhaps. However I am doing this for results. If I get them that's all that matters. i am not doing it to be a textbook case in how to invest.

Mr Buffet would dissagree with you. He says, "...put it all down on one or two stocks. Why put into others when your best is better?"

I actually have 3 investments. 1) my business 2) ExonMobil 3) IMA.

IMA was the smallest investment. IT has now grown larger than the other two combined. I am overjoyed with the drill results and I expect that on such a large property more good results will be forthcoming. If I didn't own a single share I would be buying now under $5 or $7 based on the drilling done to date.
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