To: Jorj X Mckie who wrote (6671 ) 8/17/2001 3:00:55 AM From: marcos Respond to of 7235 Oh i think you'd be fine as long as you didn't bad-mouth corgis or remind the wet coast loggers of the appalling lack of subsidy cheques in their mailboxes -g- .... feel free to make fun of Stockwell 'Yester' Day, everyone else does ...... no restrictions on Winter as to time frame or asset class or geography, none of that, just looking for bright ideas presented in a civil manner .... most of us there now do tend to resources, well that is partly habit, we've been into them a long time ... before the tech bubble the drill plays were the high-flyers, the traders' specials, and that's where many of us cut our speculating teeth ... i think maybe they will be again, should we get a metals price recovery .... of course that's when the crooks come out to play, you'll see lots of dubious llama pasture getting promoted .... the ones still alive now though, they're pretty much weeded out, with the dartboard method you've likely got a fifty-fifty chance, long as you remember to do like Kaiser says and 'sell some too early, and some too late' ...... speaking of JK, you may find interesting the three posts starting here - #reply-15869077 ... earliest writings of his i've seen, tripped over them one day rooting through stockwatch archives ... i like the way he lays out a workable thought structure for speculation in general As to ignorance - i managed to make a buck or two in tech without having the faintest idea how they make all the necessary gears and hydraulics small enough to get them in these magic computer boxes, how they make them whiz round so fast, why there's not so much as one grease fitting on the whole machine ... just baffling .. yet - the stock she go up, the stock she go down - not that much difference Several times to non-SIers who are interested in golds for the first time i've recommended that they go to about this post on this thread - #reply-14934140 - and then read all posts there, right up to date .... russwinter comes along and invigorates the thread, bringing out some quite useful comment from a number of others, you'll figure out who ... the value is not in calls on specific stocks, but rather in an overview of the factors that the speculator needs to focus on .... imho On the political risk here with suf - RSA needs the money, mining is the mainstay of their economy and has quite an expansive future there if they don't frighten off the great wads of capital necessary to build it .... so, i think maybe the country could really go to hell, far beyond present state, before the bottom line of the company was affected ... not to worry on that in the short term, imho [also, management is thoroughly familiar with the country] .... still, fact remains that the market demands a discount for political risk - if Southernera had the very rich Messina in San Luis Potosí or Nevada or Québec the market cap would be a healthy multiple of what it is today, imho geoff - come over to Winter, we'll talk juniors ... kind of off-topic here [i'm always a little shy on this thread because there truly are some informed and articulate suf-erers posting here] .... cheers, all