To: E. Charters who wrote (27754 ) 2/8/2004 10:54:28 AM From: Michael Bidder Read Replies (1) | Respond to of 39344 Eric, First let me say. I have nothing against you or anyone. Let loantech or anyone else know that. At one time my father bought 50,000 shares of Denison Mines (1956 or so). He bought at 50 cents and it sprang to 1.50. He debated selling and conferred with a geologist. The geologist, who went on to become the VP of Western Mining for Cominco, was equivocal. My father sold. The stock went to 90 dollars. Did he do wrong? Was the geo wrong? Well yes, but no also. It is not illegal to take a profit.... I sold Abber at the top (1996), then Arquipa at the top. I hope to sell my IMA shares at the top to a Mining giant. I bought more stock last friday at $3.35. Why would I sell? I wish I had more money to invest more in IMA! MATH: 10 shares x $10 = $100 1M shares x $10 = $10 Million I don't absolutely know that IMA does not have an orebody. I don't absolutely know that if they do, they cannnot develop it. I don't absolutely know if AQI will sue them and if they do, I don't know that AQI will win. And I have no clue when this will all take place. I also do not know that IMA will not go higher. I don't absolutly know I will make it through the day without getting hit by a car. Life is full of surprises and your investment career if we are to believe you has been based on taking long shots on single stocks, and winning an losing big. This syndrome, no matter how artfully applied, is known as gambler's addiction. I invest to make money. The gamble is what i try so hard to eleminate! I bet of GOOD bets. Not long shots. IMA was the longest shot of the three big investments I made (Abber, Arquipa, Fransisco). I feel fortunate it paid off. Yes there was a bit of risk (gamble) in it. The trick is to manage your money. That is the cold blooded art which balances the too hopeful heart that many of us possess. Many of us have a too hopefull heart. Lets place that hope on the right things. However this is a stock investing thread not a religious one as I have been pointed out so many times.