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

To: loantech who wrote (39066)	4/28/2007 12:05:15 PM
From: koan	Read Replies (1) \| Respond to of 78413

It was a joke Tom!; however after reading your answer, maybe not-lol. Investing in mining stocks on the vancouver market is about as dangerous as it get-lol. What is a little more danger, or maybe less danger. Over the last 25 years of investing in mining shares I have made 75% of my money on wts. Wts are really only dangerous when bought by the untrained person. In fact one of the primary reasons I use wts so much is that they can be less dangerous, but I will not go into that. I have tried to explain that concept many times, but apparently with little effect. I would point out that GGC just fell in one week, the exact amount I paid for my EDR wts. $1.00. And while EDR stock fell .50 the wts only fell .20, AND these are truly dangerous wts (having only 6 months left) and I have repeatedly told people not to buy them unless they are pros. I do not want to buy 1,000 shares of a $5 stock when I can get a 5 year wt on the stock for a buck. And in a 5 year wt time does not really fall off much for years, so one usually has time to shuck it. Yet the stock could go bankrupt overnight, and one could lose their entire $5,000 investment, whereas the wt holder would only lose $1,000. To each his own I say. Not trying to be argumentative, just informative.