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To: Lazarus_Long who wrote (19334)8/14/2002 7:03:20 PM
From: average joe  Read Replies (1) | Respond to of 21057
 
I have instant access to information all the time on my penny stocks. I only make gains on about 30% of my trades and that makes up for losses on the other 70%.

Numbers are really irrelevant in a company without earnings so I don't focus on those types of material concerns.

Then you can try to factor in future prospects. (Which is where you go off the tracks. :-) )

Yes, you're right - however, in most instances I have a better idea than most how real the venture is.

The best mining prospect in the wrong hands won't appreciate in value. A poor mining prospect in the right hands will make money. A great mining prospect in the right hands will make you a fortune. The trick seems to be bet on the jockey and not the horse.

news.bbc.co.uk

porcupineprospectors.on.ca