Gallery Resources (Alberta GYR) Message Board

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Gold/Mining/Energy : Gallery Resources (Alberta GYR)

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To: John Fairchild who wrote (1030)	11/12/1997 8:52:00 AM
From: John Reiter	Read Replies (1) of 1829

John F your post # 1030 was absolutly one of the best for a long time. Exactly. Bruce keeps the plays alive by re-cycling the shares. As long as he keeps it up, shareholders have a few oppotunities to enter and exit the play each year. You gotta love him when you understand him. My point and I guess we are kind of agreeing, is you don't have to risk your capital by playing it as if this were a real company with reasonable expectaions of success. The odds are too high. I have always said I hoped they hit but time, money and ma nature are stacked high against them. But in the meantime, if you trade with Bruce (broken record, sorry) over time you can build up a nest egg of 'free' shares to keep on pumping into and out of the cycles (Bruce controls the cycles) and we can all make a few bucks along the way. Then if they happen to hit (big if) we should have a few free shares left to jump-start us as the play becomes real. Keep in mind if they do hit, it will be YEARS before they can prove anything up and there will be LOTS of time to play it from that new perspective. But we should not be disappointed or hurt when they 'fail' in Lab and/or elsewhere and the stock crashes which some of the contributors on the thread can't seem to accept. It's a game. Bruce the fox plays in a henhouse of chickens. You gotta love him. He calls the cycles and is allowed to disclose his trading acvitities LONG after the fact like all the insiders (different issue). Twig onto the cycles and don't play it as a 'real-they-gotta-hit-or-I-lose' play. If anyone got in at the wrong time it's a bummer but it will probably, probably come around again so you can catch the next bus at discounted prices and recoup any paper losses. Don't sell to Bruce at .39. Buy with him at .39. Sell with him into the runs up at .90. Don't buy from him at .90 There's more. Much more. Like the groups who trade trough P.I. and why and when, but I'm hogging too much of this thread already. Regards, John

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