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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?


To: gg cox who wrote (3180)10/1/2002 3:35:32 PM
From: marcos  Read Replies (1) | Respond to of 8273
 
This is the nub of the fundamental culture clash between speculator and financee - the companies getting financed by the selling of sharepaper want folks to buy it and not sell it, to wait for the successful culmination of the project and accept with gratitude whatever they get out of that .... while the great unwashed among holders of the paper want to see liquidity, we don't like not being able to sell at the pushing of a button or two ... this is why EC hasn't got his gazillion of seed money here on this thread yet - people know that if they send him a cheque made of other than rubber, they will not see that money again unless Dame Fortune conspire with his own competence and honesty to provide funds at the end [there is an end, ness pah] of the venture, sufficient to cover all expenses and capital fronted and, in the idealised and mythical circumstance, something left over to compensate them for their risk-taking

No-bid = No financing, in other words ..... put it on a stock exchange, and given time and luck it may recover from that taint of geology, of economic reality, that plagues it now

suf.to - not looking too bad here ... good ol' house 80 First Marathon, eh ... maybe it won't see 6.00 this week ... but i have not yet replaced my 7.25s, still humming and hawing about it

wtc.to - what a PoS, i dumped my freebies from one account ... yesterday i was thinking of adding, but now watch it go up, lol .... that gap-up from april still concerns me, it's a loonie below this level, but it's still an air-hole in the chart, makes me nervous, plus there is no question it is looking weakish at the moment, and silver is too



To: gg cox who wrote (3180)10/1/2002 11:15:30 PM
From: russet  Read Replies (1) | Respond to of 8273
 
gg,...Suf a beacon of honesty?,...not so sure,...but it beats a lot of others. Of course it was one of my first loves in mineral plays,...and slapped me around big time until I grabbed her by the throat,...in fact my wife grabbed me by the throat and demanded action after Suf went from near $6 to $2.50. Long term investing is for suckers,...and buying with knowledge of what the rest of the market thinks is all that matters. FA is for the birds,...I buy based on what other people think and do now,...and thanks to that my 6 figure loss in SUF is a positive now.

I got freebies bud,...but I won't forget what this bitch did to me, and when big players sell, I ain't holding on.