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

To: Proud Deplorable who wrote (15450)	8/3/2003 1:20:03 PM
From: TrueScouse	Read Replies (1) \| Respond to of 39344

ralphie: Re. WTC... <<you think I should increase this obviously>> Not necessarily. It depends on the size of your PF, how many stocks you hold, and your expectations in the short, medium and longer term. WTC is my largest position but it's still only 9% of my PF. I do expect it to do very well, but there are many others that I expect to do just as well over the next couple of years (e.g. CBD, IVN, PAA) -- and some of the smaller ones (e.g. SVL, KBR, AQI) can double or triple in a matter of weeks depending on drill results, etc. I'm constantly adjusting my PF. When something "pops" or goes above about 10% of my PF, I sell some and put the cash into others that I consider under-valued. I see WTC as a longer term value play, with a lot of exploration blue sky to help it along. But (from experience) it's very dangerous with PM stocks to put all your eggs in one basket. If you do decide to, however, watch the basket like a hawk!!! Regards, Howy