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


To: marcos who wrote (19140)8/25/2006 1:05:04 PM
From: loantech  Read Replies (1) | Respond to of 78410
 
Hello Marcos,
MMGG will do well IMO. How can it not? <g> They have the drill proven goods. Nice hi grades.

Pump it up and keep the pollyanna going, you have had your chance now to get the cheap ones! <VBG>

GGC seems to be firming up with a bit more action and not selling off. Decent profits. Still sitting on assays. Hope they are good.

Tom



To: marcos who wrote (19140)8/25/2006 1:41:34 PM
From: LoneClone  Read Replies (2) | Respond to of 78410
 
" Lone Clone has 70 positions, he says somewhere, geez how do you do that,"

Last year I made the temporary decision to try to make money instead of having a life, in the hopes that when I have a life again I can afford a better one. I am a very fast reader, have good research skills and a capacity to absorb large amounts of technical information very quickly, and am devoting a LOT of time to my portfolio. (When like me you have given lectures on jargon-ridden topics like "Post-modernism, Post-Structuralism, and the Floating Signifier", even geology and accounting talk seems pretty straightforward.)

My other justification for investing in so many companies at once is that when I invest in junior companies I like to hedge risk by building up baskets of stocks, and it takes 5-10 to make a proper basket. So it's not 70 stocks but a dozen baskets of stocks.

Seriously, having this many is nuts, I know that. I will be looking for opportunities to reduce when the time comes, stock by stock, basket by basket.

LC