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Gold/Mining/Energy : Pangea Goldfields T.PGD

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To: Check who wrote (157)12/6/1998 6:29:00 PM
From: Wade  Read Replies (1) of 1178
 
Check,
It depends on your own entry points. It is unwise to gamble 69% of you RRSP account on any thing. You can find out there have been many positive news announcements from Pangea in the last several months. However, whether they are only hypes or for real is unknown to me. As far I am concerned that most of the juniors are propelled by rumors, hypes, and lies. Regarding Pangea, they are more believable and probably have much less risk....just IMHO.

I had some shares bought at $C 7 and $C4 2 years ago, however I bought even more at $C1 and below this year. I am in the positive position right now. I have no complain about the trend. The current pull back is normal after the quick run up and hitting resistance. Whether it will stay up there or drift back to the bottom again is out of my vision. I have learned very hard lessons of playing these kind of stocks. Be careful. Only gamble the money you can afford to lose. Good luck to you.

Sincerely,
Wade
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