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Gold/Mining/Energy : GEOMAQUE -- Ignore unavailable to you. Want to Upgrade?


To: TheBusDriver who wrote (218)3/11/2001 11:19:24 AM
From: TrueScouse  Respond to of 260
 
Hi Wayne:

I made the mistake of keeping my initial holding of GEO from about 5 years ago instead of selling around 1997 -- so I've had lots of opportunity to average down!

Averaging down only makes sense if (a) you believe that eventually the POG will turn around (which I do, big time) and (b) you can afford to wait. Regarding the latter, the price was so low before I noticed that it wasn't worth selling :^( .... and I couldn't resist GEO at those low levels. So now it's one of my biggest holdings, although I'll certainly lighten up if it pops close to $1.00.

Hear's hoping that the Pd price stays up there for long enough!

Regards,
Howy