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

To: TH who wrote (48788)	9/8/2007 12:22:34 PM
From: tyc:>	Respond to of 78419

Thanks TH. I must admit that a tyro would be better advised to listen to you than to listen to me ! (But be sure to see my half-jocular comment about capital preservation and lousy cash).

To: TH who wrote (48788)	9/8/2007 1:02:45 PM
From: LoneClone	Read Replies (2) \| Respond to of 78419

This may be a bit of a sidetrack to the discussion, but I try to use both pessimism and optimism in my junior resource investing by using a basket approach. Because these are risky speculative stocks which individually could lose much of their value for reasons both intrinsic and extrinsic, I am pessimistic to a greater or lesser extent on each one. But by building a basket of potential multi-baggers, success of which in just one or two can more than make up for a complete loss of value on every other stock in the basket, I can be much more optimistic about the collective outcome of my individual investing decisions. LC