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 : Yamana Resources INC. T- YRI

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mr. Oil who wrote (1771)12/1/1998 12:27:00 PM
From: PSkars  Read Replies (3) of 2346
 
TO ALL: I am very pleased to see all of the pessimistic views on this stock and all the other junior gold stocks, especially Elizabeth's post about selling now...you have created such a fantastic opportunity for me to buy these stocks at such low levels...ones which you will never ever see again a year from now....Now, if we analyze the situation you will see exactly why I just said this. First and foremost is the fact that we are in this because we are gold bugs, No? That means that we see VALUE in these stocks at these levels AND that we don't think that the price of gold and silver will be much lower than they are now...so it's not uncommon for everyone to be saying "Sell, Sell, Sell!!!" at the bottom now is it! It is sort of like when people are saying "Buy, Buy, Buy!!!" at the top now isn't it! Second, people who speculate in the juniors are gamblers aren't we? We want to hit the 100 bagger now don't we! If we didn't, we would have bought ABX and not had to listen to Elizabeth complain about everything now would we. So, that said, the only and best thing to do right here and now is sit on it and wait for results...results from drilling and results from the gold market...because if gold rocketed up to $450/oz. it wouldn't matter what company you were in, as long as it had gold in it's title, it would be a winner....So, are we or aren't we going to get the pop to gold hyperspace, that's the question, isn't it? Do your analysis on the metal and make your decision to stay in or get out and let the mining company to it's job...if they have the goods they will announce them and you win, if they don't - you loose. But just remember this...everyone says sell at the bottom and buy at the top...if you don't believe me just look at the stock market!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext