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

To: russwinter who wrote (9828)	4/16/2003 10:42:45 AM
From: Bat Man	Respond to of 39344

Yea, I believe you're right about a complete buyout, but I hope you're wrong about the $0.32 opening. It's been too long a wait for nothing. Elmer

To: russwinter who wrote (9828)	4/16/2003 11:41:58 AM
From: jrhana	Read Replies (3) \| Respond to of 39344

<But, the issue that these small juniors can't quite get into their pea brains is that there is no public trading market> That is a problem for me. I am sitting in my retirement accounts with oversized positions in Canadian juniors. I have been assuming that because I in the last go around got some 2,3,4,5 baggers that the same is going to again happen. Meantime I am sort of stuck. To sell these guys I would have to beat up the price. You cannot buy or sell them in quantity without going beyond the bid or ask as the case may be. Meantime in my margin account, in the past some days. I have sold off GG and GLG to buy more of RGLD KGC PAAS and a little SSRI. This was as easy as changing my socks. In my retirement accounts to make such a sudden change would have been extremely difficult, time consuming and costly. In the future I have decided to limit the amount of my portfolios I will allow to go into illiquid stocks; meantime I do believe in the stories of my juniors so I will wait. But I feel frustrated.