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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 (30806)1/24/2007 5:51:59 PM
From: hank2010  Read Replies (1) | Respond to of 78417
 
Hi Marcos:
"... if this hole is anything like the last, it's back to 2.00-2.25 where vit was three years ago?".

I just look at what the Cove McCoy had (300 million tons??). I got spooked out of VIT yesterday or the day before when all that programed selling came in and knocked the price down. I figured the next hole was a dud. To-day's buying indicates the next one is hot. My thinking was that if it was a dud I would lose more than half my investment. If it was hot and doubled (to 2.00 or 2.25!)at a grade that was still economic for undg. mining, she will eventually be at least a ten bagger and I could afford to pay double for it. If it is a good hole I will be all over it when the announcement is made!