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

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To: E. Charters who wrote (11464)5/17/2006 10:45:09 AM
From: LoneClone  Read Replies (1) of 78419
 
EC

I have found that investing in junior resource companies is remarkably like being in the movie or music industries.

In almost all entertainment industries (which incl professional sports) almost everything produced is an economic failure. Over 90% of recordings and movies produced by major labels and studios fail to earn back their cost of production, but the few that hit do more than well enough to make up for those losses.

LC
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