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

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To: tyc:> who wrote (58040)3/31/2008 11:22:43 PM
From: TrueScouse  Read Replies (1) of 78408
 
Good onyer Tyke!!!

<<the prime asset of the new company will be the interest in El Morro, I believe. That, and the fact that Telfer and Pierre Lassonde are on the board, seems to indicate that the story is far from over. I haven't sold a share or a warrant and I don't intend to.>>

I agree that there may be a lot of upside in this one yet. But frankly I was a bit disappointed to see MR taken out at this stage. I think we could have realised greater value as a stand-alone play with El Morro as the flagship. But Telfer and Lassonde are brilliant at recognising value -- and buying it. We shall see...

Anyway, I decided to move on today and sell my MR.WT. Parting is such sweet sorrow. :^(

I put the proceeds into some more shares of a pile of beaten up juniors -- BTO, ELN, EPM.WT, HLO, SCM and SWN. Is bottom fishing a better strategy at this stage than investing in a new mid-cap producer with some wizz kids on the board? Maybe not, but it could cost you a pint either way! <g>

Best regards,
Howy
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