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


To: loantech who wrote (14125)7/15/2003 11:05:40 PM
From: Claude Cormier  Read Replies (1) | Respond to of 39344
 
<What would a tentative game plan be then in late July or August if gold approaches the bottom of it's trading range and someone was holding all small cap explorers?>

Well my plan is to move 100% invested from 50% cash. This will go to producers, mostly.

If you are 100% invested now..that is a risk. But it my work out OK if the slection is good. Definitively you will have to sell some no matter what. Cause if gold start to move in a bull market fashion, producers are guaranteed to move much higher. Not so with explorers.

>PS:Of course in August we should get drill assays from CBR >and SVL and down the road INM and CKG so.............. May >not want to sell those out too early. <g>

Exact.