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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: hubris33 who wrote (4107)1/4/2006 12:20:23 AM
From: loantech  Read Replies (1) of 78410
 
Hi Hubris,
I guess each person trades different. For a couple years I made a ton of dough. Last year I lost a lot of it. LTB&H can work check some of TSL or Howy's long holds. Depends on the stock and the patience of the investor.

This year I am trying to slowly switch out of the pure drill plays into beaten down stocks that have something in the ground. WGDF has the stuff in the ground and the plant and equipment. Their story is the mine got sold for pennies when gold hit 250/oz. But it just plain and simple takes a lot of money to restart an operation or to build an operation from scratch.They have 38,000,000 shares out. If the hit 35 cents let's say and put out 200,000,000 shares they will have their 70 million to start. But I dunno anything except it is cheap but cheap shares can get cheaper. Maybe it will work. I talked to a big promoter someone high profile and well known on the web. He says if they get Western restarted they have enough gold to go for 20 years at 100K oz per plus.

Who knows. A dice roll I guess.

Best of luck to ya.

tom
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