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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

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To: Zeev Hed who wrote (8067)10/23/1998 4:43:00 AM
From: d:oug  Read Replies (1) of 14226
 
1/4 reply, 1/4 babble, 1/4 bologna, 1/4 filler

Zeev, the name of the game of this speculation is, what if.

The what if the dirts contain precious metals seems to have been answered.

Before it was answered, most likely Dale Runyon of Maxam was told by many
to stop claiming dirt areas until you have proof precious metals are there.

Now that precious metals are there, there are those that suggest to not
claim any more dirt areas until an profitable extraction process is made.

There are many persons out there that would like to start a new company
thats in the gold or precious metals to-find activity. But most will hold
back until it has been showned as doable. Something like a wait and see what
happens to those few that strike out alone and take the big upfront risks.
But sometimes if you wait, it could be too late to be part of it. If the
what if of Maxam in the current focus of extraction becomes a yes, we got
the workable extraction for all the dirt, then those that took the eariest
and biggest risk get the biggest rewards of money.

Richard has said the follow many times using different words:

... all these doubts and letdowns and broken promises and waiting are not
enjoyable or wanted, but where else is there a place that the payoff can
be as big as a penny gold mine stock increasing by a factor like ten...

So Zeev, the very fact that someone like you with 2 feet solidly on the
ground, and one hand holding firmly onto a safe place, with the other hand
trying to catch a possible moving target that may be valuable, means to me
that yes, yes it is possible to get a big win from something that at present
holds little value, except as a maby, what if ......

each person has his or her own level of comfort for: what if
to decide to or not do a what if is a yes for us all
for those not, they are on the IBM type threads
looking for a return, 5 to 15 percent best case
looking for a lost, 5 to 15 percent worst case
hell, we don't even notice those type of changes here
we want the big win
and willing to accept, but not without a fight on ipmcf, total lost
those IBM buy type people
how can they get excited on a 10% gain
i can't
but then, i can handle a 100% lost
those IBM type cannot
so we can handle stuff IBM types cannot
its our gift, if we win
its our curse, if we loose
but we all take a trip IBM types never travel
they travel the 99% safe road
we do 50/50
we can, and mostly have to, do IBM to pay off future expected bills
but we can move ahead not by 5 or 10 percent, but a biggie, if luckly

Doug
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