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

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To: AuBug who wrote (33128)2/17/2007 4:48:56 PM
From: E. Charters  Read Replies (2) of 78410
 
Well said, but the richest hedge all their bets, and bet big and long on the few that are well figured. Like kingfisher, which will be the next Cominco. Someday.

Baruch said ten stocks is all you can track effectively and he had a good mind. Today with computers you can track the whole market and if pro, you can keep on top of 30 stocks. IF you want to define management perfectly however, it will take 6 months of research and then you are back to 20 bottom feeders, but max portfolio is perhaps 10.

50-50? Depends on what you know. Odds for one cannot be calculated on industry averages. Surely we are luckier than all the rest! Smarter, well blush, awe shucks, we at least can talke to all them smart folks!

We are starting with 3 mines. Now what are our odds? Even?>
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