SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Buy,Sell,or Hold, average down?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ron Pitts who wrote ()11/2/1996 1:05:00 AM
From: Harry K   of 26
 
Yeah, Ron ...

In Northern Ontario, at least, many companies do their drilling when a suspected orebody is under swampy ground or water - since the surface is frozen over during the winter. Drilling results are published in the spring. Times to get into these companies are around February - March.

I agree, though, not too many sites turn into a viable orebody! It's hard to call a Bre-X or Voisey Bay when shares are $0.10 each or so!

But remember, emotion is a big factor in these junior companies - so you can still make money trading on the swings.

Learn how to read the stock charts - try:

canada-stockwatch.com

Buy when the stock is at a "floor" or "historically" low point, and in the general area adjacent to a major. Buy THEN, when no one is paying attention to it - then, when the fever hits, MOST of these juniors take off together, like ducks off a Canadian lake, ...

Don't put more than 5 - 10% of your money in any one sector, and be patient! Also, don't get "married" to a particular stock - make a plan ahead of time how long you stay with it, and how many shares you'll accumulate. Then, FOLLOW YOUR PLAN!

HK

HK
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext