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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: ogi who wrote (107681)3/10/2008 9:10:51 PM
From: 3bar  Read Replies (2) | Respond to of 314087
 
Ogi : If someone asked me for 10 thous $ today and in 5 years time they would turn it into 1 mill . Would i go for it ?

If i went for it how much of that mill would you expect me to give them for their having done it ? 1/2 seems reasonable ?

So i am giving them the 10 and getting out of the way . The 1/2 back would be lower expectations or payoff .

This thinking works best in Oil and Gas Exploration where skill technically , knowledge of past exploration , experience with political issues and people are very important . Argenta has all this .

If you notice on their web site the mention of holes drilled in the 60 - 70s that were never developed .

Not for everybody . May not payoff .

jack