Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: loantech who wrote (26772)	12/1/2006 12:38:58 PM
From: hank2010	Read Replies (1) \| Respond to of 78424

AAU - proxy for a company called CKG. Have you heard of it? With AAU also get the warrants. provided deal goes thru.

To: loantech who wrote (26772)	12/1/2006 12:52:26 PM
From: Rollocaster	Read Replies (2) \| Respond to of 78424

I will surely continue to watch GGN closely, but will wait to see what warrant holders will do very shortly... The stock could still tank a little bit more... We'll see. Asking the wrong person, because i know your answer already... Wandering about initiating a position in POM... Frustrated with this one 'cause i bought it at 1.00, 1.25, 1.30 and sold it at 2.50 something... Not good enough technically to figure an entry point. It's on the «what should i do watch list» Well AAU... Not so much close to production as far as i can see it, but once the deal goes through and people are happy with their new warrants and A share... Maybe we'll see what AAU deposits will become... But i'm way out of my league here. There are better AAU specialists here then me... Taking this opportunity to wish CC a healthy and strong recovery. Cheers LY

To: loantech who wrote (26772)	12/1/2006 2:39:54 PM
From: LoneClone	Read Replies (1) \| Respond to of 78424

I am sticking with GGN and plan to build a position as they move back towards starting a mine again over the next few years. LC

To: loantech who wrote (26772)	12/1/2006 3:09:15 PM
From: gold$10k	Read Replies (2) \| Respond to of 78424

Hi Slan, On GGN... I would have expected a 20-25% drop in the share price based on the reserve recalculation. The decision not to make a mine now actually reduces risk IMO because of how many stocks I've seen trashed when it becomes clear how much that will cost and then all the problems encountered between here and there. But the market for GGN is in a panic and the bargains keep getting better until they don't... herd mentality. This is one reason why as a contrarian I like stocks that are totally washed out after seemingly endless selling. Such a stock has faced such extreme negativity that even a lack of bad news at the proper time is sufficient to allow it to rise. Conversely, there were such high hopes and expectations for GGN that despite it's undervaluation and having fallen 50% from it's May high, a minor disappointment precipitated an orgy of selling. The assets are unchanged and it doesn't get much better than having Albert Matter at the helm. For me, the problem is restraining myself from buying more as I attempt to adhere to my rule of no more than 4% of PF to any one stock. Just my opinion, vt