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Gold/Mining/Energy : Cross Lake Minerals CRN

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To: the Chief who wrote (1384)1/28/1998 8:37:00 AM
From: Ed Pakstas  Read Replies (1) of 3650
 
Chief: Excellent reasoning... That's why I'm treating this play as a short term trader... I know that a lot of people don't like short term trading but I for one don't think that this company has anything for real "YET",,, except for some good prospectives... I personally am going to treat this and other exploratory mining companies with the same attitude...

BRE-X and BRESEA taught me some good lessons that I refuse to forget...

Have been been buying small #'s on downticks, at apparent support levels and keeping the average cost down... So far so good... Am taking profits wherever I can until there is an actual delineation of some sort of anomaly...

I'll refer you to this posting for further reasoning...

Message 3267168

For longer term holds I'd rather keep my money in juniors that have revenues and cash flows...

...ed
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