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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (6313)	2/11/2006 1:36:27 AM
From: Proud Deplorable	Read Replies (2) \| Respond to of 78421

Tom, I would seriously like to form a class action lawsuit over CGE. I want to know how and why we were apparently scammed out of our shares (opinion). I'm not saying the company did anything wrong but they have done nothing to this date to explain what material changes would have caused their shares to explode over 300% in about a month while leaving many good faith investors shaken out of their shares.

To: loantech who wrote (6313)	2/11/2006 1:59:05 PM
From: brit2	Read Replies (2) \| Respond to of 78421

Let’s face it Tom, 99% of companies on the venture exchanges around the world come up with didly squat. We can’t evaluate exploration companies like CGE, TK, CKG etc. like we can BHP, Inco, Teck and the likes of them. With exploration companies I look at a number of things (and not in any specific order): - what newsletter writers say about them - their exploration focus - the properties the company has, as well as any JVs - the fundamentals (financials, float, market cap. etc.) - what the charting indicators tell me - the people involved and their track record - news release info - insider trading - where they are in their lifecycle - my risk-reward calculations - scuttlebutt on, and outside the net I’m not a trader … or a penny-clipper! That approach is the perfect avenue to ulcers, and for most, financial ruin. And the stats seem to bear out what I say. I will stay with a company often for months or years (AQI for 14 mos.; BAY for 4 years; CKG for 30 mos. so far; etc.). I also tend to average down should a company I own decline, and use charts and trading activity to tell me what entry point on my average-down. Contrary to public opinion I rarely average up. CGE was one that I bot my first shares (only 10,000) in CGE at .65. When the bottom fell out, and it was trading big volumes in the .16 - .18 range, my instincts told me that something was up, wherein I entered in a big way. I did the same this past week with TK (my average price before the tank was .48). However patience can be my Achilles heel sometimes. I bot Independence Resources back in ‘96/97. Had a chance to sell it at higher prices but stayed with it. It’s now delisted, and I’ve a wad of a*swipe. However I rarely look back. Anyways, with CGE “what they have” was only one small part of my decision to re-enter in the teens. Like all the other venture situations, it’s a gamble. Cheers, Brit