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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (71715)12/15/2009 3:33:16 AM
From: marcos  Read Replies (1) of 74559
 
gdxj - just looking at their holdings, interesting, some not bad imho, played them fairly recently ... also hold Alamos, which i don't know any more really, but once did - bought National Gold ngt.v who held Mulatos at the time, paid .15 for first shares then it promptly tanked from its financing price, got .13s and lots of them, added .17-.25 on the way up ... a year, year and a half later after many little developments they merge with Alamos aas.v, one thing led to another and now it's agi.to trading over 12 bucks ... ngt.v absolutely made 2002 for me [or 2003 or whatever year that was, lol]

The guy with whom i was most impressed, of all individuals involved, was Jim McDonald, who now runs ktn.v ... he's still on the board of Alamos i think, but i have no interest there [Turkey? - wtf is up with that], quite happy to hold a fair position in Kootenay though, at a market cap under 50m, 12m at bank, and with eight (8.0) carefully chosen active exploration projects underway in politically stable jurisdictions ... when there's a juniors fund open to this sort of potential, i'll be more inclined to follow it

Good idea for those who don't want to get deeply involved with story and detail though, and who maybe have a different sort of risk tolerance, or different time frame in mind ... each to his own ... its chart will also become important TA, people will keep an eye on it, as bellwether for the sector
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