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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 (13700)	6/17/2006 11:36:19 AM
From: marcos	Read Replies (3) \| Respond to of 78419

The thing with large-caps is that they give the illusion of security at the same time as the brokers are offering you margin credit ... in the case of su.to which is optionable, one of mine gives seventy per cent, plus trades 1k of shares for its minimum price, so for less than one-third down and sixty loonies round-trip you can control, or be controlled by, eighty grand worth of stock ... if you so desire <gulp> ... i've followed Suncor for over ten years, would have done better to just stash some away then and forget about them ... still, right now i think crude could go either way and it's vulnerable on the downside - if the persians-Bush conspiracy were to threaten peace one of these days, just to keep the rest of us on our toes, look out here comes fifty dollah oil Resource juniors don't give you any impression of security, you know the risk going in, so they are less risky, through a quirk of human nature ... you hold a basket of them very carefully, at least we survivors do anyway, lol ... so with that in mind, the only near-term thing i'm interested in in the oilpatch is Watch, wr.v Logging, yeah i've heard of that .... was once upon a time a whistle punk believe it or not, in what was no doubt the last working wooden tree outfit on the coast, not steam but diesel, Murphy 75, 10-10 Lawrence, North Bend skyline system [named after a town in Oregon, there's also a South Bend system] ... didn't get paid fully, they went broke, that was a valuable lesson and worth much more than the money would have been ... we spell it gyppo, and i have so described myself, it doesn't have such a negative connotation here, just means independent and geographically moveable, of course you only log each patch every eighty years or so and you have to move around, stay nimble ... done most everything in the woods, for long periods did my own falling and yarding, road-building etc, hired out the hauling to self-loaders ... there is pretty much the same culture in logging from northern Cal to southern Alaska, a few decades ago the border was much less of a big deal, guys would work back and forth ... regional variations of course, but nothing like the difference you see if you go back east or to Europe or something ... i'm actually off on a logging related matter now, backyard style -g- ... taking a saw too, and not just for show either .... later ... cheers [edit] - forgot to mention trr.v to LC ... possibly not the best buy-and-hold pick in the universe, but take a look at that spikiness on its chart, it's like Galileo says, 'Still, it moves'