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

To: brit2 who wrote (7708)	3/6/2006 9:35:38 PM
From: jennifersilversun	Read Replies (1) \| Respond to of 78410

I'm a bit confused by your last post: does your colleague in the geology dept vouch for the mining potential of these companies--the way your post is worded it makes me wonder if your colleague's feedback is at least one factor that has confirmed these stocks being good investments. Being clueless about mining myself, I'm esp interested in what geologists have to say. jss

To: brit2 who wrote (7708)	3/6/2006 10:49:36 PM
From: loantech	Respond to of 78410

Brit I sold today and you know doubt bought some of my TK. I have held TK for two years or more. A poor investment IMO betting on a dream or chasing a rainbow. TK may hit but I am SO GLAD I dumped my CGE and NW when I did.And am glad I sold TK today all of it. I have really turned things around quickly in three months with companies that have the goods. I do not need to worry now if they will hit or whatever. If GGC hits while they expand their reserves that will be icing on the cake. So a company mining and making money with exploration upside. 95% of their property is unexplored. I see these pure drill plays as stocks that can be affected not only by poor results but also by the price of gold or silver. What I own now will primarily be affected only by the price of gold or silver. I still own GYD and hope results are good for them. Good or bad I will sell out. One thing about GYD is they have hit on almost every hole since Marc started drilling. I have other stocks in mind that I talk about frequently here. They will no doubt not deliver a 5 or 10 bagger that TK may if TK hits on next round but they are solid and may return 3-4 baggers over the next 2 years. My PF is large enough cash wise if I hit 3-4 baggers over time I will have enough to retire with a very modest return on T-Bills and live off of the interest.I have very little debt and will retire that before hand. My next new car will be an upgrade of my bicycle. I do not need fancy trappings to be happy. I did very very well with Claude's picks at first as he is an excellent analyst. Of course it was all luck for me in timing all the skill was CC's. CBD, MFL, WTC (when it was Western Copper) and RIC come to mind. All of them had the goods with proven successful drill programs before I bought. CKG was the exception but I jumped on soon after CC's reco at 2 then 3 then 4 bucks and I bought a lot. I did panic and sell some CKG late last fall but I imagine my average sales price was well in excess of 5 bucks so I got a nice return. But by then most of my sales proceeds went into CGE, NW, TK, and a few others that did not pan out. My portfolio shrunk so fast I bailed on all of them and am glad of it. I guess all in all we are each individuals in life and we each have individual trading styles. I throw no blame towards CC as he PM'd me a thousand times over the years and told me to only put 5% in most of the plays I lost on but did I listen? No I did not and took positions of 25% or more and when they did not pan out I was hit hard. Should be a good lesson to all when CC says 5% on a speculative play stick with his rule. Anyhow my wish is we all have some fun and that we all prosper regardless of the picks we make. Best of luck Brit.