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Strategies & Market Trends : Ride the Tiger with CD

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To: Proud Deplorable who wrote (169280)7/13/2009 3:52:51 AM
From: marcos16 Recommendations  Read Replies (1) of 312307
 
You might consider the feedback, as a hint that when you continually stab at people, occasionally they will stab back, just a quirk of human nature, tough luck if you don't like it ... as it happens, you are not the first self-indulgent domineering gringito angeleño with daddy's money and without a clue i've known, just the only one on this thread

It is noted that you are now talking stocks, funny how that works

Promotion? ... in mining plays? .... nooo, say it ain't so, couldn't be, someone would have noticed by now and mentioned it, for sure ... look, from the very beginning right through to the point they're established producers generating cash and paying dividends, mining plays are entirely about financing levels of development [duh], which means promotion [duh], this is not a sometimes thing or newly invented, it is constant and eternal, always has been and always will be ... ask EC what Agricola said about promotion in mining long long before oxen ever skidded logs down Howe Street, in fact before a lot of those trees were seedlings ... even in A's day, it would not have been a new phenomenon, and i believe he mentioned that

Has to be that way, there is no other - lenders will laugh at you if you say hey, lend me a few bucks to prove up a claim out back of beyond ... there is no interest rate you would be able or willing to pay that will compensate them for the risk in such a high-risk high-reward endeavour, every nickel you manage to get to drill and develop that claim will come from holders of equity in the outfit, you have to dilute to them so that they get a portion of such upside as may eventuate, and of course you maximise their perception of that upside, if you don't you won't get the nickel

As if all the other crap weren't enough, now you besmirch the good name of whores, when we are all whores, at least the survivors among us ... the term you're looking for is pimp, and yes there are pimps in the game, lots of them ... they can be useful, if nothing else as object lessons, for those able to shut up for a change and listen, observe what they do, compare with what they say, learn to distinguish the winner pimps from the detritus, watch what makes them win ... 'buy when they buy, sell when they sell' an old guy told me years ago, of course this doesn't always work because 1. they don't tell you when they're buying/selling, and 2. sometimes the pimps get burnt too, even the canny ones, oh yes

It's about playing the financing/promo swings as much as it is playing the odds on geology and/or local politics, if you've just discovered the promo and been playing all this while it's a bit late, you may not be suited to the game, in fact i think you aren't, it's a pursuit for level-headed calm cool assessment of risk and reward, clearly you cannot so much as fart in a dispassionate manner, you're all over the map with emotion and anxiety and berating your fellows this way and that, everything is black no it's white no now it's black, you don't belong in this at all

Behind the pimps and we whores who play this game, there is another class involved, hands-on engineering types who actually find and develop and make mines, at least in those plays where such types are to be found [and you have to be able to tell the difference, duh] ... a lot of mines have been made since Keevil and Pezim and Glick et al came west when the TSE went anal over Windfall, a lot of money has been made by a lot of people, probably more was lost on other stupid ventures along the way, but not by the same people for the most part, it was lost by people who couldn't tell a pimp from a whore, who were unable to distinguish the game from a casino, the sort who would put money into somebody else's slot machine, the dummies

You have yet to apologise for your tortious posting of the stupid lawyer threats
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