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


To: onepath who wrote (40345)5/19/2007 7:08:52 AM
From: tyc:>  Read Replies (1) | Respond to of 78426
 
>>"Have to resolve my RNG.wt situation first to free up some extra cash."

That's why I sold my entire RNG holding right away. There's too much happening elsewhere; too many better opportunities than holding on in hope there (IMHO). I do agree that the sale of the company was too low, but my opinion counts for nothing. Part of my switch was to your EQN.wt suggestion. It, too, is looking good, I think.

I've been thinking about what happens when the "good times" end ! I cannot remember what I have done in past situations. Can you ? It seems to me I have always been fully invested one way or another, and always on the long side (although sometimes hedged), with confidence in my long holdings. How can one plan when the painful memories fade ? LOL.



To: onepath who wrote (40345)5/20/2007 10:48:21 AM
From: koan  Respond to of 78426
 
Onepath/INV wts: Well, I bought first and investigated later-lol. By the way I did not know you were sitting on the bid at .31, so I put my bid in at .32. I would have bid behind you had I known.

Like it or not the future of nickel will be laterite nickel. Just not enough sulfide nickel around. I ahve been looking at INV a little now that I own it-lol. found this on SH:

"In their Goais Nickel project's Process Scooping study it is projected under Operating cost for laterite refining US$1.88-2.23/lb. Low upstart cost, open pit mining. Initial Capital Cost is building the refining facility and the capacity size which is costly. However,I take a reserved comfort in Teck's involvement but that slows the decision process. There is an enormous orebody in the hands of INV which will eventually make INV a good long term investment."