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

To: Claude Cormier who wrote (14119)	7/15/2003 5:54:47 PM
From: jrhana	Read Replies (1) \| Respond to of 39344

Your advice to avoid the producers and stick with explorers was validated today

To: Claude Cormier who wrote (14119)	7/16/2003 12:08:31 AM
From: Michael Bidder	Respond to of 39344

Perhaps you are right. However their are very few good high leverage event plays out there these days. So this "event play" will probably go for some premium. Secondly the IR people at IMA are getting the word out more and more as they build the interest so if they do hit on a huge ore body the market can respond. If you choose to sell now and rebuy later you run the very real risk of missing the whole thing. I believe the only way to win is to get in early with a large position and hold. Fiddling around never worked for me. My point of view.