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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (1119)	12/20/2004 10:03:12 AM
From: ogi	Respond to of 18308

Tom; RE Geologix Yes they do have a lot on the go and they seemed to be buzzing internally about one of their other Peruvian properties. I would have to look it up it started with an H. However, nothing else is going to happen immediately, unless they pull a hole in Nevada. Otherwise the story of the moment is a failure on their lead property. I will sell, take the cash now and reassess later. I will not watch myself get slaughtered on results and sit around for months and years for the story to play out while I have lost 20%,30%,40%, even 60% of my cash. The only risk I face selling this now is results in Nevada. Which I will be able to look over and then decide if I want back in with the cash I have. Maybe I miss a move but that doesn't mean I miss the stock. Note: I have sold my position at a 7% loss. I will wait for further developments to re enter. Cheers, Ogi