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


To: russwinter who wrote (3520)5/4/2002 10:43:53 AM
From: gold$10k  Respond to of 39344
 
Very sensible, Russ.



To: russwinter who wrote (3520)5/4/2002 2:20:46 PM
From: Canuck Dave  Read Replies (1) | Respond to of 39344
 
I can answer your question.

What will the Juniors do if gold retreats to 299$? They retreated slightly, but basically went quiet when gold retreated to 290 after busting 300 the first time. That was a MAJOR buy signal as far as I was concerned.

Will they do the same this time if gold retreats? Probably, but no promises, LOL. Oh, and you weren't the only person to conclude that Juniors with good ore bodies would be prime movers come the PM turn. In my case, I knew it, but was still losing money as I was misplaying everything in 2001. MAJOR losing streak which has now thankfully ended. Ever since I let Claude talk me into going back into BAY, LOL.

He also told me about a little number called FGX. Smart dude, that Claude. He also has a lot of respect for you. We're all making money riding the (long term) wave. Gold is on it's way up over the next few years, but there will be bumps (call them buying opportunities). Let's enjoy the ride.

CD