Gold and Silver Juniors, Mid-tiers and Producers Message Board

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

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To: Claude Cormier who wrote (61274)	9/23/2008 9:58:55 AM
From: newfoundland1	Read Replies (2) of 78439

I was worried about a cash fund yesterday so parked the money I had in it into Central Fund of Canada (CEF)at the end of the day thinking this was safe enough as I thought the price was very closely tied to physical gold and silver and properly accounted for. I think within minutes it was worth 15% less with some announcement of a share offering although the news release goes on to say that it won't proceed if there is a dilutive affect to existing shareholders ! As I speak we have dropped from around $12.50 yesterday to $11.00 this morning. I obviously don't know what I am doing but talk about pitfalls for the unwary !

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