Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: gold$10k who wrote (21995)	11/17/2002 8:46:26 AM
From: crustyoldprospector	Read Replies (1) \| Respond to of 36161

Carrying 11 gold, 3 silver, 1 copper/gold split here. Will rotate some gold winnings into Americas-based PGMs, nickel, zinc, manganese and titanium after the gold pop, and before the war machine hits full tilt. crusty

To: gold$10k who wrote (21995)	11/17/2002 5:13:09 PM
From: Canuck Dave	Respond to of 36161

Too many juniors? Depends on the person and the situation. I have too many when they're not doing anything, LOL. CD

To: gold$10k who wrote (21995)	11/17/2002 11:26:44 PM
From: Step1	Read Replies (1) \| Respond to of 36161

VT, I see others are chipping in with their own ratios, so I`ll give you mine. I `d say 10 juniors are a minimum. It`s easy for a junior to have a bad hole and be cut in half in one day, and most are lucky to have an even return, when not disappearing completely. So you need to spread the risks, especially if the juniors are pure explorers and have no projects in prefeasability or feasability yet in their portfolios. Even then, as with BAY, you run into other technical problems, locals, infrastructure not to mention country risk when present (turkey and SA) as well as legal wrangles (Venezuela ) or environmental ones... I know that you know all that, writing more because it is a slow day here and for the benefit of lurkers. So I would say, 10 names with pennies and 5 with juniors with solid properties and above a buck. Aren@t a lot of posters here referring to them as lottery tickets??? step1