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Gold/Mining/Energy : Precious and Base Metal Investing

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To: seventh_son who wrote (35463)7/13/2005 11:48:08 AM
From: seventh_son  Read Replies (2) of 39344
 
>I am one who is wary of stocks that are talked about a lot and recommended by big names

That said, Ray, I will admit that when good stories on stocks are first discovered by analysts that may be the best time to get in. Northern Dynasty was very cheap and underappreciated when Roulston first talked about it for example -- I was going to buy at those levels but it looked so cheap I almost suspected some sort of fraud. I would also make a distinction between different analysts and promoters... a rare few seem to look at stocks very deeply and on multiple dimensions before they recommend, and others my impression is that they get a superficial story from management of the company and just write on it, particularly when they are paid in shares or warrants to do so. Of course many on this board are much more seasoned resource investors than me and know the analysts better than me so I should be humble and suggest that they let me know if I am off base in what I am saying.
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