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

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To: koan who wrote (37715)4/5/2007 1:33:09 PM
From: hank2010  Read Replies (3) of 78421
 
Well, I hold FNI shares and FNX calls. There is not much left in Sudbury. Wallbridge? Croflight?

You get into a mind-set of what is decent grade with nickel. Then the price goes to $23 from $4.00 so one has to change their thinking.

Also some of the early exploration efforts fail, you mentally write things off and then when a program comes up with the goods you are sort of caught flat-footed.

Then again, you can do all the DD possible and all of a sudden for no good reason (all they have is a grab sample with low grade nickel, some diamond based geophysics showing a large structure, which may or may not have the nickel mineralization in it) the share price jumps 1000% in a day.
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