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Gold/Mining/Energy : Chesapeake Gold (CKG.V) -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (682)5/29/2003 6:19:08 PM
From: stonecrop  Respond to of 7835
 
3rd strike I'm out!.....made it to 1st<g>

<was the sell recommendation based on the POG slipping in the future or was it based on the junior gold stocks being overextended...>

Not even trying to answer for Claude but I would say its a bit of both......a few of his picks had a good run,time to take some chips off the table & let some freebies ride.Simple as that.WTC falls in this category although its a silver/base metal stock.Looks like I'm bagholding the remainder of my shares until silver comes back, although I did sell a few recently at 3.50(a far cry from the high 4's).Shoulda woulda coulda....failed on the shoulda! Need to listen up some more I guess.Its frustrating though, for Saville & Bishop still like it & haven't given a sell recommendation.Steel hasn't said much in a while.WTC may slide to support at $2.50,who knows.Sorry for the rant on WTC but it is a good example.

<if i PERSONALLY had known for sure a few months later that the POG was going to be where it is today, I PERSONALLY would not have recommended selling a damn thing because the gold stocks are still priced lower than last spring although the POG is higher... >

CBD falls in this category,depends on the stock.I'm still holding & not even thinking of selling at this point.Btw Claude has not recommended selling CBD at any time as I'm sure you well know.Has been a top pick of his for quite some time.