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


To: Eva who wrote (25120)1/9/2003 7:24:49 AM
From: loantech  Read Replies (1) | Respond to of 36161
 
Frankly my dear Eva I give a damn. I think Frank has stated a fact that is no doubt correct. But like I say lightning can strike twice and there is an exception to every rule. I am dererring to Claude's judgement and am going with Randy and betting he will hit a second time. La Juliana has some good rock samples so far and CKG is looking at several prospects that will help up the odds. I guess if the stock goes up much more Eva you and I could seriously consider selling 33% of our position and getting part of the grubstake back. If they do not hit in the 1st round of drilling at La juliana I think the stock could go down a fair amount.
Tom.



To: Eva who wrote (25120)1/9/2003 12:07:19 PM
From: Claude Cormier  Respond to of 36161
 
<I made 100 % on it so far, if it goes down from here more than 15% I am out and I made 85%, and THAT is all that matters to me!>

IMO, it would be a big error. Remember the FGX story. If you are seeking protection, you are better off holding CKG, SJD and the likes long, and taking put options or shorting on Newmont, Meridian and the likes.

IMO, CKG has all the indredients in place to duplicate FGX story and more recently SWG story.