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

To: Proud Deplorable who wrote (12786)	6/6/2006 6:52:18 PM
From: E. Charters	Respond to of 78424

In order to invest confidently ralph, you have to learn to ignore the myriad possible negatives and concentrate on the most likely possible positives. Anyone can predict absolute disaster at any moment, but how often does it happen? That is what you hedge for. And if the disaster is total, and it takes everybody down, then you might as well hide your gold under a mattress as invest. But where will you get your gold? Have to start a gold mine to get it the cheapest.. where will you do that? The next best thing is to invest in one. Now get this and put it in your memory banks at the front left cell. Lakeshore Gold Mines went to 65 dollars a share in 1929. That is right, an industrial enterprise made money hand over fist when paper pushers were jumping out windows in New York. What kind of mine was Lakeshore? A one man started, hands-on underground gold mine with an uncertain future and no depth potential except in the mind of one man, Harry Oakes, whose announcement of its probable potential to go to one mile in depth was laughed at wholesale and literally when the theory was announced at the Prospector and Developer's convention in Toronto. He was dead wrong. It went a mile and half and better. Wassa point of this rant? Real mines make real money and it takes a real miner to know one. And BTW they make the most money if you develop them all by your baby self. Sellouts are always cheap. Don't want 'em. EC<:-}