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


To: loantech who wrote (30047)7/9/2004 9:26:13 AM
From: russwinter  Read Replies (2) | Respond to of 39344
 
Tom,
I'm not really in the accumulation mode right now, I'm already in, mostly at lower prices. I got very aggressive trying to "guess the bottom" over the last couple months. For instance I'd buy MNG at 1.20, then see it at 1.06, swear, buy some more, see 97, curse very loudly, buy more, until I ended up with a large position. Same with about everything.

So buy levels now? Up to you, I have no opinion. The stocks I'm using haven't changed from before, although I'm pleased with the emerging fundamentals and news of late:
AGI.to, NTO, MNG, RNO, CLG, NXG, GBU.to, SUF.to, and I still hold a large position in WTZ, but my cost basis is 50 cents from several years ago. I bought NG at 3.65, but sold it recently on the run up.



To: loantech who wrote (30047)7/9/2004 9:40:01 AM
From: aknahow  Read Replies (3) | Respond to of 39344
 
Any comments on or about John Embry or Sprott?

If you think highly of him then there is an obvious pick. One of his major holdings, is about to begin producing at very low cost.

I am not sure, what I think about him. I have not done any analysis of Sprott's performance.