Samex Mining | OTC:BB - SMXMF | Canada - V.SXG Message Board

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Gold/Mining/Energy : Samex Mining | OTC:BB - SMXMF | Canada - V.SXG

SMXMF 0.0001000

0.0%

Sep 10 5:00 PM EST

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To: geoffreycs who wrote (331)	4/22/1999 3:48:00 AM
From: Travbfree	of 539

Not everybody lost money in Bre-X. You see big players buy low (like the $0.50 Samex is at) and sell high (at $20.50 after a 10 to 1 split Bre-X) and that is how they become big players. The money losers in Bre-X got in after the big splits and the peak performance (cuz they finally had the jam to "put down the remote" and jump on the band wagon with the big guys) not realizing that they were buying the big guys out. Let's make no mistake of connecting Samex with Bre-X. And let's make no mistake about who we take our financial advice from either. If you want what someone else has you need to do what someone else did (or does). If you want to own a yacht, talk to yacht owners, hang around yacht owners, and listen to yacht owners... what comes out of their mouths is how to buy yachts. If you want a share in a successful mining operation... follow as best you can successful mining operators. Buy when they buy and sell when they sell. I don't believe investing requires as many smarts as it does common sense. ("and some luck" as one of my mentors says after chasing companies tirelessly all over North America) Luck is the result of hard work and preparation meeting opportunity. I think Samex is feeling lucky. If it were not speculative the shares wouldn't be .50, but once it's not speculative where will the shares be? Risky? Sure, but not so risky as you make it out to be. This 'favorable horizon' is based on a sound geological model that has strong rational behind spending to drill it. They 'know' that the mercury, antimony, and arsenic... comes up high in the volcanic activity that formed the core, the silver not so high and the gold is... the gold is where you find it...as prospectors say (in this case it's supposed to be below the silver) The questions being asked are: "How deep is it?" and "What's the grade?" Concerning who's buying: "It's better to occasionally lose with winners than to consistently lose with losers." Travbfree

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