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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: goldworldnet who wrote (66299)	7/19/2009 7:23:43 AM
From: Earlie	2 Recommendations Read Replies (1) of 78416

Hi Goldnet: Stick around. I have been an independent technology analyst in the market for close to 30 years. In spite of my love of technology, currently I believe that the only place one can make dough (on the long side) in this market is in the precious metals sector. My knowledge of gold and mining is minimal but that has not stopped me from jumping in, learning as much as I can, and investing in the sector (and even making a few bucks in so doing). As I am a Canuck, it goes without saying that I too have scars resulting from past dealings with Vancouver-based promoters. (mining and otherwise). That said, I have no animosity or grudges with respect to those promoters or my losses. To find one decent gold deposit, we need 100 junior explorers out there poking around. And without a good promoter, a company can't raise dough. The fact that most explorers don't make it simply reflects the difficulty of the task. One good thing about investing today is that a remarkable amount of information is available via the net (SEDAR in particular). Better still, long distance phone costs are also a tiny fraction of what they used to be and the exchanges have forced a much higher level of "transparency" with tougher rules (think 43-101 by way of example). Thanks to these changes, doing "due diligence" is MUCH easier. For me, keeping up with what is going on in the world is probably the most important thing a serious investor can do to improve his batting average...... and having confidence in one's research therein. By way of example, even a goat could see the real estate debacle coming our way years before it actually happened but one had to be both patient and confident to stay short the home builders. Same thing with gold and gold stocks today. Also keep in mind that while one may need a thick skin, "the only dumb question is the one you don't ask" still makes sense. Best, Earlie

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next