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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?


To: lbs1989 who wrote (1099)5/26/2001 8:44:38 AM
From: russwinter  Read Replies (1) | Respond to of 4051
 
Some very good SPECULATIONS on your list, including a few names I own, so if you sold it someone like me would likely be the buyer. But for "widows and orphans", I'm going to completely pass on that one, as it should totally be your sister in law's call based on her risk tolerance. I would rate risk in these shares as high, but I think you knew that before you asked the question?



To: lbs1989 who wrote (1099)5/26/2001 12:10:31 PM
From: Claude Cormier  Read Replies (2) | Respond to of 4051
 
lbs1989,

Can you post in small cap, it is easier to read.

Regarding your question, I can say that this portfolio will likely recover a lot of previous losses if gold moves back up to $400. But there is no guarantee. Simply said gold stocks are very speculative and nobody can say when gold will be at $400. Gold could even go sub-$200 before rallying and some of these stocks could go under. In other words, I think that you should approach the situation in a different way.

Forget the past. Let assume your sister-in-law, sells all these stocks right now and takes a new look at her financial situation. The question is would she invest/speculate with part or all of this money in gold stocks. That is the first question you must answer.



To: lbs1989 who wrote (1099)5/29/2001 6:18:31 PM
From: JungleInvestor  Read Replies (1) | Respond to of 4051
 
lbs1989, recommend that you post the stocks that "went to zero." Some stocks are difficult to find quotes for if you don't know the exchange they are on or if they are BB stocks. The experts here can tell you if they really did go to zero or how you can find a quote.