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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (3017)	1/26/2004 10:08:43 PM
From: akpirate	Respond to of 314338

<<In what context did Rick Rule bring up CKG. In a speech to the floor? A personal conversation??>> Rick was doing a workshop upstairs that I attended. He spoke forcefully to the concept of the "bell-curve" and extended the analogy to gold stocks. 80% of the money to be made by 20% of the companies. He went on to speak of the "super-bell-curve" where 55% of the money was going to be made by 5% of the companies and those were the ones he was looking for. (Don't have my notes but about those %) He says that although some companies will eventually make money and some who have failed may make it eventually, he was only buying his "human-slot-machines" - those who have been winners in the past - he believes have the greatest odds of being successful in the future...they KNOW HOW TO WIN!!! So I raised my hand and asked if he thought Randy "might" qualify. <GG>. He went on for a few minutes....they do go back a ways and he believes. So to answer Paul...yes, he is cautious on gold stocks to a point - but he is a big believer (in himself :o) and the stocks he chooses (and how he chooses them). I have jumped over to the Roundup down the street where over 3,000 have registered. Receptions tonight compliments of the Yukon Government, who just announced the extension of mining tax credits for another 3 years. I don't have my notes with me from today's gold show, but I went around the trade booth area and took an "informal poll" to see which ones were busy and which ones were deserted. I'll post that later.... Off to pay my respect to Premier Fentie. Live from Balmy B.C. Robert