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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (5661)7/25/2006 12:28:32 PM
From: TheSlowLane  Read Replies (1) | Respond to of 48092
 
Don't ask me for directions unless you think the blind leading the blind is a good strategy. LOL! I hear ya, I really do. In fact, I did take profits on 1/3 of the position right before I left on my trip, just like we're supposed to do (Make the money...take the money...as Rick Rule likes to say). I sold a whole lot of stuff. Perhaps I went too far (like selling all of my AQI). But I was able to enjoy my vacation and not feel like I had to check the market. However...I bought back the ARU shares because I really think that this is The Real Thing. The biggest risks that I see are if the system does not have the width that people expect (scissor holes should help to address this one) and country risk, which is a wild card. Ecuador, if they have any plans to cut themselves in on the deal, would likely wait until the project is much further along (and considerable money has been spent) before saying "Ya know...that's really our deposit." I would expect to be long gone (from the stock) by that time...