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Politics : Gold and Silver Stocks and Related Commentary

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To: Rocket Red who wrote (16909)8/11/2005 11:33:52 AM
From: ogi  Read Replies (2) of 18308
 
Hi Rocket: a couple of questions. I am still holding 1/2 my USGL, showing continued strength. Do you see a correction anytime soon?

Bloody BCM!! I missed the bid by 2 cents at 1.88 then missed the bid by 4 cents at 2.12, finally capitulated and got 1/2 of what I wanted at 2.70. I was looking for a bit more of a lull and some cash when BOOM !!! Off it runs again. So I bought the other F..ng half today at $3.45. I am taking the position that the corrections have been so mild and so short, while the new 52 wk highs are so regular that I was going to chase it in a way I have never bothered to chase before on the theory that if it refuses to correct and there is only drill results to come, well then it looks like up to me. BCM does appear to be a brokerage house darling. I agree with Claude that value will speak for itself in the end but you are quite right to assign a popularity factor to a stock based on the influence of management.

How do you read this BCM refusal to correct? Does all now depend on the next round of results?

Cheers,
Ogi
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