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Gold/Mining/Energy : ARU.V Aurelian Resources Inc -- Ignore unavailable to you. Want to Upgrade?

To: russet who wrote (363)	3/22/2007 10:50:47 PM
From: TheSlowLane	Read Replies (1) \| Respond to of 516

Ya know, Russet, back when First Quantum was at three bucks and change, some people told me they wouldn't touch it because they had operations in Zambia and DRC. It was unrealistic to expect they could operate successfully in a country like the DRC. FM hit seventy bucks (again) today. This is a very tough business, to be sure. And there are more than a few feckless promoters operating in the space that warrants a HEALTHY degree of skepticism. But too much of anything, in sufficient quantities, can turn a healthy substance into a toxin (some bozo died recently by drinking too much water trying to win a radio contest). If you try long and hard enough, you could convince yourself that ANY stock is too risky to hold. But there's a risk in avoiding any risk at all, and that is running the risk of not having enough to live on, or live the way you want, in your twilight years. I suppose if you've amassed enough wealth to live off of the interest from CD's then there's no reason to incur equity risk, but then...what would we do all day? Play shuffleboard? It seems to me that FDN is still likely the single best gold deposit that has been discovered in this cycle. For me, I like owning a little piece of that. I wouldn't put my entire wad in ARU or any other single company. Staying in the markets is contingent on managing risk, not eliminating it completely. I do find it somewhat incongruous though, that you are completely unfazed by what Cameco is facing at Cigar Lake and instead reserve your concern for problems that Aurelian has not yet encountered. Personally, I tend to worry more about what I own than what I don't, but that's probably because I'm a selfish bastid!