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Gold/Mining/Energy : Silver Bull Resources, Inc.
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To: loantech who wrote (491)2/5/2007 11:51:01 PM
From: Mr. Aloha  Read Replies (1) of 5637
 
Everybody has to decide for themselves what their timeframe is and their tolerance for short-term volatility. The 3 area has held several times before, as it seems there's lots of buying interest there. If zinc and the sector weaken even more, it will be interesting to see if it continues to hold.

I'm more patient than many and can hold through volatility, as I focus on the long term. In about a year, MMG could have the biggest proven feasible preproduction zinc project in the world at a time of zinc crisis. I think it would be crazy to sell out now during sector weakness when there will likely be multiple bidders for their 100% ownership of what should be the premier low cost, unhedged, proven feasible zinc project. Majors with dwindling reserves will be flush with cash and looking for big zinc projects. I prefer buying on weakness and selling on strength, but that's me.
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