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

To: seventh_son who wrote (35464)	7/13/2005 1:23:43 PM
From: Mr. Oil	Respond to of 39344

Yes the promo factor I didn't mention. That may be another point of leverage. I mentioned Larry Roulston as simply a "by the way" fact. He hasn't mentioned it as far as I can see in a couple of years though his comments back then were based upon the fundamentals of the company and the prospects for China. Now that the fluff has been traded away the stock seems to be building a good solid base in the .40 to .50 range. That's one of the other reasons why I took another position in it this past week. The news release of a month or so ago doubled the resource estimate from 1 to 2.2 million ounces in the ground. That moved the stock up to the .80 level in about a day. It has come off since then but is holding up well at the current level. So from a technical point of view, it seems less risky here. That with the real ounces of "gold in the ground" increasing, I like it's prospects. With any positive news around the corner, it should gain the attention of L. R. and others again. That would be very positive for the stock. Ray.

To: seventh_son who wrote (35464)	7/13/2005 3:15:41 PM
From: jackjc	Read Replies (2) \| Respond to of 39344

I was at the Pacific Minerals meeting (Friedlands Ivanhoe office as they owned 40% of PMI). Roulston was talking to few subscribers (I subscribe also) about NDM, all agreed it was the best buy around. They were right, though I never got that one). PMI went from 1.30 to 2.60, perhaps mainly on Laurence reco. I waited for it to come back to 1.30, started buying, all the way down to lo 60's and bought heavily there. (At the meeting it had been falling, and Friedlands people said because CEO Feng had quit and was probably selling). Any way PMI recovered and I sold all the way up with good sized last chunk at the 5.00 high, lucky to come out of the thing with good profit. Now the co that Feng jumped to is promoted quite a bit, but its not for me (Sino Silver I think ?) Roulston is good, now with the sector weak his reco's don't move jrs much for now and the entry prob not so bad.