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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: Skeeter Bug who wrote (27617)12/27/1997 10:05:00 AM
From: Bill Jackson  Read Replies (1) of 28369
 
Skeeter; No you find them by your own efforts. Usually those that are brought to you are at the "sell to suckers stage", so you look through the juniors for those that had a cycle of up and won over 6-18 months as they do one exploration program or another. They will usually raise some money, then buy/stake/option some land and start exploring/drilling/surveying etc. If you go over the presss release cycle of these companies you will see a history of the cycle in share price. You buy some at what you think is a low and hang on until they strike it big and make a mine, or sell out early making a good profit and move your money to another junior. Since only about 1 in a 100 explorations finds a mineable deposit(or even fewer), you can ride a group of 10-20 of these juniors through their annual cycles that usually double to quadruple. There are many people with such a stable now, me included, and now is the time to get a few of these shares. If gold goes back up go will get many 10 baggers among the juniors. If gold stays down they will drop slowly.(hint, pick only those with $$ in the bank). You need to get a membership on Canada stock watck for $20 per month(trader membership) and keep all your picks in their portfolio with automatic e-mail of all press releases to you. Read them every day and buy more/sell etc. They are not passive imvestments like mutual funds. I would not suggest day trading unless you have e-trade to shave costs.
1 in 100 or less will go from 20-30 cents to $50 as they finally go to being a mine. My candidates for that are MAD, MGR, and PFG. MGR is a mine now and is at 30 cents. MAD is exploration and is also at 30 cents and PFG is close to a mine at $1.70.
SAS is a running mine and will go to $6-10 next year if gold comes back. VPR is at 10 cents and will explore next year for a cycle to 40-50 cents. and me is in the 20 cent range and will cycle back to 40-50 next year, and may just become a mine with Barrick.

So those are some of my touts. Look them up, read about them and then decide.

SI is a help but does not replace Canada stockwatch, which is cheap for what you get, esp if it makes you money.

Bill
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