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Gold/Mining/Energy : Golden Triangle

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To: Clark Kent who wrote (358)10/18/2012 9:52:04 PM
From: AU Shucks   of 493
 
Clark, look at your portfolio; the whole sector is a mish-mash with huge swings; at least that's been my experience. I'm long shares of Teuton at prices all over the mat, from 5 cents to 66 cents and a lot in the 50s. I see things a bit differently than you because I'm an accumulator who's thinking one to two years hence. I'd be lying if I said I enjoyed seeing the sp retreat, but I have faith in the properties in Teuton's portfolio.

When I talk to people about stocks, I tell them don't buy Teuton if you're looking for a flip or trade; it's a long-term thing.

I think most gold stocks are selling at -- my estimation -- a 50 percent discount. Pretium is a great example. I'm sure you can think of others. I know my portfolio looks like it was hit with an H-Bomb! But I remain totally convinced that gold stocks are going to be the hot sector in the coming months. My time horizon for Golden Triangle stocks is two years; that is when things will heat up with the Northwest Transmission Line, Valley of the Kings and we will see a classic gold rush into the GT.

RR
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