Gold and Silver Juniors, Mid-tiers and Producers Message Board

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

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To: John McCarthy who wrote (28524)	12/29/2006 2:01:14 AM
From: koan	Read Replies (2) of 78411

This is really gib and EC's territory-lol. Yes, John the SSt wts are really dangerous. I buy them expecting to lose my purchase-lol. True. Only lottery money there. But you only needd to win 1 out of 10, so if you play it as a statistical odds thing with finite allocated amounts of money (betting units)you can actually make it a low risk, high odds sort of thing-lol. Like Las vegas. Say you allocate $50,000. Now you divide that $50,000 into ten plays all with time periods between 6 and 12 months. Now you only play the ones you think are a good bet. Like picking a poker hand! If you expect to make more than 10 to 1 on your bet more often than 9 out of 10 times you are a winner and have actually taken a risky proposition and tamed it-lol. See-lol? I am really very conservative.

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