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Gold/Mining/Energy : Gold and Silver junrs- portfolio

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To: onepath who wrote (241)5/7/2008 10:00:57 AM
From: jrhana  Read Replies (1) of 328
 
I think the following is some excellent advice from Technical Buy (reprinted with permission):

<More excellent news released today. It was a great reminder of how the time of the year determines the share price action. If this was announced a few months ago the share price would have shot up to $2. Unfortunately now is the "sell on news" time. We believe that this could be a major discovery and the share price will recover, it will take some time though so we will not be buying any time soon. The good news is VMS has the money to drill and drill and drill. We will keep an eye over the summer to accumulate a bigger position.>

technicalbuy.com

I personally think it would be prudent to have a small position to which I would add on dips. This thread may actually have been started at exactly the worst time. Much of Canada will soon be fishing IMO. But VMS does have some drills going and they could just find that central ore body they've been looking for sooner rather than later.
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