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Strategies & Market Trends : Ride the Tiger with CD

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To: Proud Deplorable who wrote (37619)	12/1/2005 11:29:38 PM
From: TrueScouse	Read Replies (2) of 313057

RE: <<GRS Canada is a piece of crap.>> Sorry to say this but this is a good example of the old adage that those who say the most often have the least to offer. GRS Resources (GLR,T) is an excellent example of a company whose chart looks terrible -- beaten down by a bear market that lasted 20 years or so -- a chart that's totally irrelevant from a TA perspective given such tiny volume... stockcharts.com[w,a]dhoayyay[pb50!b200!d20,2][vc60][iut!ll14!lah12,26,9!la12,26,9!lb14!ld20!lyb20,2.0][J21071930,Y]&listNum=2 But GLR is sitting on a gold mine -- for real! <g> As Don Coxe would say, buy companies with reserves in the ground in politically safe places. And they've got lots of uranium goodies too. A few years from now it could be a 100-bagger. JMHO. You may choose to sell it because it's not going to meet your short-term investment objectives... that's up to you and every investor... but it's not a piece of crap. I have a very small position in GLR, so it doesn't matter to me too much one way or the other how it pans out. But you dismiss people and companies who know a vast amount about mining far too easily. Are you really interested in making money or pontificating? Howy

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