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

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To: TH who wrote (48788)9/8/2007 1:02:45 PM
From: LoneClone  Read Replies (2) of 78419
 
This may be a bit of a sidetrack to the discussion, but I try to use both pessimism and optimism in my junior resource investing by using a basket approach.

Because these are risky speculative stocks which individually could lose much of their value for reasons both intrinsic and extrinsic, I am pessimistic to a greater or lesser extent on each one. But by building a basket of potential multi-baggers, success of which in just one or two can more than make up for a complete loss of value on every other stock in the basket, I can be much more optimistic about the collective outcome of my individual investing decisions.

LC
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