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Gold/Mining/Energy : Precious and Base Metal Investing

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To: seventh_son who wrote (36578)12/8/2005 12:34:28 PM
From: TrueScouse  Read Replies (1) of 39344
 
7th:

All your reasons for the lack of interest in TGX may be valid. I just think that there is very little interest in the diamond sector at the moment -- it tends to do much better in the Jan to March period, when results from the previous year's exploration come out and in the run up to the PDAC. Meanwhile, as a precious gem explorer, TGX is at the bottom of the heap in terms of this lack of interest (or lack of knowledge).

I think that one of these days TGX is going to surprise the market with some spectacular news -- high grade rubies, etc. And it's so thinly traded that then there'll be a stampede for the shares. I've been adding significantly to my position in the last week. I even sold some EZM, my best performing base metals stock, in order to free up some cash for more TGX at these bargain levels. TGX is now over 3% of my PF -- and this is a large position for me. My biggest holding (CKG) is only 6%.

<<BTW they made the Diamonds.net news yesterday>>

A beautiful piece of jewelry. And a beautiful neck that's displaying it!

It's frustrating when nobody seems interested in your pet rock! <g> But that's the time to be buying. :^)

Best regards,
Howy
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