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

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To: SwampDogg who wrote (31079)1/27/2007 6:35:11 PM
From: LoneClone  Read Replies (2) of 78410
 
Swamp

Because I almost exclusively invest in high risk stocks looking for multi-baggers, I identify an area like small Mexican silver/zinc producers" or "juniors looking to open up new oil and gas fields in scary exotic locations" and then accumulate a basket of stocks in each to maximize my chance of getting a good return from each basket.

Since I am looking for large returns I am prepared to hold a position for years if necessary.

If it wasn't a bull market, or if through too much education and nerdiness I hadn't developed a capacity to process and track large amounts of information and data, or if I was a trader like CD or RR content with getting 105 returns on shorter, I would definitely keep it down to a dozen or so stocks at a time.

In spite of this I am always looking to cut down on the number od stocks I own, but so far it hasn't happened.

LC
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