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

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To: loantech who wrote (66175)7/12/2009 5:28:38 PM
From: tyc:>  Read Replies (2) of 78409
 
WDO is a good run-of-the-mill producer with exploration potential. But is it going up ? I haven't looked recently, and I am not enamoured of its current operations.

My gold shares are LSG, IMG, G, WTM. NGD.wt.a, NGX and of course "you know what". I recently sold my ARZ just because they again hit the stop loss. Any sale of a stock that is falling provides funds for something going in the other direction.. (even cash !)

So I buy on my perception of fundamentals in the expectation that the price is going up. If it doesn't, out it goes..... I thus hope to avoid big losses. . Really, the only thing I can suggest is, if a stock has you concerned, lighten up. I even "lightened up" on TRX ! lol. And I had some NGD as well as warrants but they've gone; the wts haven't reached my stop-loss point.

I really believe one can buy stocks randomly so long as you manage risk with discipline. My stop losses are at a given distance from the last purchase, so that is the extent of my risk. I let profits run.
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