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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: SwampDogg who wrote (16697)7/20/2006 10:11:48 PM
From: koan  Read Replies (1) of 78410
 
Like I said, differences of opinion is what makes a market. The nice thing about playing mining stocks and poker is that there is a definable outcome.

The way I am looking at UC is that:

1) it has plenty of stuff going on to provide a pretty good floor.
2) it will rise with the price of silver and gold.
3) this drill result could portend a monster which is icing on the cake.
4) good following
5) good managaement
6) the drill results today will attract a lot of attention

I usually have between 10 and 15 companies like this so I expect to lose one and have one go ballistic.

Just my approach, but all things considered, and I look at a lot of stocks, every day for many hours and the results today, right or wrong, caused me to buy several times today.
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