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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Andrew who wrote (407)10/28/2003 10:14:22 AM
From: bigbuk  Read Replies (1) | Respond to of 29622
 
yes andy but this is part of the game. you will not win em all but having postions in many juniors in a hot miner mkt has proven to be very profitable.

If and when gold passes 400 you will see alot of these pos .20 ers .40 .50 2.50 etc and some will stay at .20 or go to zero. Hopefully outa 100 stocks you get a few 10 baggers 5 baggers to cover costs and ride out the rest for some decent gains.

Agree with you tho solid DD on real companies will prevail for the most part. And chart reading on the start ups is what keeps many away but they have the biggest gains too. I find the best plays will be from Promoters that have a good track record. Calandra bishop etc.

I will stick to the real companies with real deposits and good management so I don't get caught holding the bag on some POS illiquid promo that I cant hardly buy nevermind blow out if I want to.