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Gold/Mining/Energy : Greenstone Resources GRE.T or GRERF OTC -- Ignore unavailable to you. Want to Upgrade?


To: Baba 2 who wrote (764)6/10/1999 3:34:00 PM
From: ogi  Read Replies (1) | Respond to of 1005
 
You can't tell how much they want to unload and when that might end, you're probably right on today's price. I admire your strength of conviction, sticking to your ideas is clearly the way to make money. Nothing worse than flitting around with every new breeze! I'll make enough money when this turns around, but at the moment I feel like the couple in the movie the Money Pit!



To: Baba 2 who wrote (764)6/11/1999 1:35:00 PM
From: EZbeliever  Read Replies (1) | Respond to of 1005
 
Baba 2 I'm with you on this one.

Just doubled my position for 12.6 cents US. Were really talking about peanuts here. If it becomes wallpaper, so be it. This situation defines the risk/reward principle.

Heck, I know many people who think nothing of purchasing a $40,000 car that is worth $30,000 the day they drive it out of the dealers lot. Or fly to Vegas to bet in games that are impossible to
win over time, passing it off as "entertainment".

I research, own, and follow a number of junior mining companies.
It is very rare to find a PRODUCER priced like this one. When the POG turns the effect will be immediate and dramatic due to current production. Of course the $64 question is when that event will take place. My gut feeling is the darkest cloud of negative sentiment is over us right now. IMHO the threat of upcoming gold sales are having more effect now, than when (and if) they occur. The same fundamental principle as "buy on the rumor, sell on the news" applies to negative scenarios as well.

At current prices GRE is the lowest premium option on gold I know of.

We shall see if it expires.

EZ