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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (701)11/30/2001 11:34:20 AM
From: gold$10k  Read Replies (1) | Respond to of 39344
 
Russ,

Most if not all of my holdings will eventually sell for 10x their current prices, so I hold 80% and trade 20% to make a little spending money and entertain myself while I'm waiting <g>. If I end up making 1000% (or even 500%) on only 80% of my assets, I will not dwell unhappily on the missed 20% during my retirement in Bali <g>.

vt



To: russwinter who wrote (701)11/30/2001 4:50:20 PM
From: Claude Cormier  Respond to of 39344
 
<Oh, man! Why'd you go and do a thing like that? It's a $2.10 stock! >

May be not $2.10, but in a better Cu market it is worth a lot more than $0.18. The question is Cu at the end of its bear or are we in for a couple more years of very low prices.



To: russwinter who wrote (701)11/30/2001 7:23:27 PM
From: marynell  Read Replies (3) | Respond to of 39344
 
"Oh, man! Why'd you go and do a thing like that? It's a $2.10 stock!"

The world's economy is collapsing, and unless the dollar also collapses, IP is a $0.10 stock cause it will never be mined. I don't think that this will be a low-cost deposit. It is oxide, and some of it is relatively high grade for oxide ore, but it is in a remote location.



To: russwinter who wrote (701)12/11/2001 4:30:55 PM
From: gold$10k  Read Replies (1) | Respond to of 39344
 
Russ,

Back in IP @ C$.16... down to 5% cash and the bids keep getting stinkier <g>.

Regards,

vt