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


To: loantech who wrote (2482)10/4/2001 10:28:00 AM
From: russwinter  Read Replies (3) | Respond to of 4051
 
Easily the best post-911 article written, from "The Spectator". The Brits seem to favor spin free zones? Must be about the only people on the planet that aren't clueless.

spectator.co.uk



To: loantech who wrote (2482)10/8/2001 12:13:37 PM
From: IngotWeTrust  Respond to of 4051
 
THERE you are, LT...just found the post I didn't respond to properly you sent me earlier. Sorry 'bout that.

Okay, where are we here...
ahhh...

You spoke first of all about say "buy at 30 and you get 29"...that's good, and the way it is supposed to work, especially in foreign currency denominated stocks. It's called "Best Efforts" doctrine...all brokers are supposed
to "do it." Nice to hear you have one that does. BTW, do you have a handy currency converter bookmarked site?
If not, I'll send you my best one via PM if you like. I always check it before placing limit orders on CA g&s sector orders, buy OR sell.

RE: food chain...I've noticed that who knows what when is a subject that is very quietly swept under the rug. I think from Wayne's reaction to learning how the PRIMARY, fiduciarily & contractually involved marketmakers operate from my recent postings to this thread, I'd say it is a hot button of non-knowledge that needs to be remedied.

I'm glad you have benefitted from ideas regardless of whether they are on this thread or garnered elsewhere, LT, I truly am. But your 2 goals are to understand how something gets to be a reco in the first place, and also how to SELL in a timely manner, RIGHT?

Touts are by and large TRADING vehicles, i.e., for taking profits on a regular basis and buying back in and doing it again. And since these are such thin stocks, the touts are designed to create buzz/strenght to sell into. If you don't know it, you have now been so informed. Ain't illegal...just the way pocket pluckin' penny touts are. Subscription based services are just trying to help in the "liquidity angle" and are always on the defensive because they might be wrong in trying to be an authority on a company and their advice timing postings, publically or in traditional written format.

I personally LOVED what you had to say about your business observations of credit abuse and it's relevance to your interest in the g&s sector. Didn't notice anyone climbing your ass about not mentioning a gold stock when you stated your accurate observations and selective moral judgements upon the credit abuse practice. Ask yourself why that didn't dry cries of "politically posting off topic?" Simply because credit abuse is a politically correct phenom in this society!!!!! And guess what, the one place I agree with PART of the Muslim mindset is where they go to great length to disabuse their followers about the "virtues of credit" and extoll non-usurious
loans and the glory of gold ownership and usage.

Funny how the thread picks on my "politically incorrect utterances" but lets your politically correct utterances and observations about credit abuse go by unchallenged.

Hey, I got a phone call...get back to you and this fascinating reply you put up, later...deal?
gold_tutor



To: loantech who wrote (2482)10/8/2001 1:37:57 PM
From: IngotWeTrust  Read Replies (1) | Respond to of 4051
 
LT...okay, let's pick it up with your comment about Minefinders. Here's what you said:

>>I own let's take minefinders for instance were much higher in the past and I hope , think, they have a chance to regain their past glory. Time will tell. <<

You bring up an excellent point, LT.
Another way to view specific issues in this sector is to go find the former high flyers and re-measure them against METAL IN THE GROUND, MONEY, MANAGEMENT and see:
1) what, if anything has changed.
2) if something has changed, analyze why
3) if something has NOT changed, analyze that why as well
4) add or discard from a portfolio based upon subsequent review.

So, let's kick around Minefinders...what has changed from their former highflyer status days? What criteria did YOU use to pick up some Minefinders? How did you seperate the chaff from the wheat and open the wallet?

You continued...
<<I work in the credit business and think there is just too much credit debt, lending standards have weakened greatly over the years, and I see a tough road back to debt repayment. The main press loves debt and hates gold so here I am. >>

So, business is booming in the credit biz, eh? Figures! Any input as to why from your perch? Credit is the antithesis of Gold and fractional gold possession ponzi schemes. Any trends we should be on the lookout for so that we know when the hoards are coming so that our personal picks will be lifted by the tide that lifts all boats-- for a spell anyhow--- in this out of favor sector now showing some life? (interp: no hoards sighted yet)

Lending standards have weakened you say...to public or private sector or both?

Tough road back to debt repayment...how does debt repayment and g&s mine debt financing compare and contrast?

At which point would/SHOULD a mining concern, PICK ANY OF'EM, go to public debt markets to finance operations if they quit using this leasing ponzi scheme that can't be maintained forever? Any D/E ratios we should be aware of as investors/traders in this sector when we see a debt financing rear its head in one of our portfolio picks?

It's absolutely fascinating to me that you should be on this thread...what a VALUABLE PERSPECTIVE addition to this sector's discussion you are!

YOUR TURN!...

gold_tutor