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

To: Taikun who wrote (31601)	10/15/2004 8:29:02 PM
From: Claude Cormier	Read Replies (3) \| Respond to of 39344

I don't think this is the best way to profit David. It is much easier to make it big with juniors than with options. Much much easier.

To: Taikun who wrote (31601)	10/16/2004 1:19:24 AM
From: Salt'n'Peppa	Respond to of 39344

Agreed Taikun. Thanks, I'll look into them. I've played PM calls twice this summer. Bought Goldcorp Jan 05 $12.50 calls for 80 cents a while back. Sold them at $1.50 but they ran to over $2 before backing off again. I bought these after reading one of the revered analysts mention them. Never done options prior to that. Also bought Western Silver Mar 05 $7.50 calls at $1.25. They dropped to 65 cents ( :-( ) but then ran to over $3. Sold them at $2. Calls are a great way to highly leverage the moves in PM with minimal exposure. Keep the great thread information flowing. We are a very small group of investors and can do very well if we share this sort of information. Regards, S&P