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


To: Rocket Red who wrote (124595)7/22/2008 12:38:56 AM
From: hank2010  Read Replies (2) | Respond to of 313896
 
"Comments on GXS today???",

Yes, from Kipling! "If you can keep your head when all about you are losing theirs and blaming it on you........"

Sold everything else today except the Sask coal plays. Used the cash to buy more GXS.

I do not recommend that for everyone, but the odds suit me just fine! Would have been easier on the nerves if the third and fourth hole had hit, but this way it means more shares for the available cash.

I still think this will be the exploration story of 2008, and the majority of people do not realize it yet. Two misses 2.5 km plus away from the first two holes and everybody forgets about the first two hits!

Hemlo - Mining analyst John Ing said it was just a promotion - however there were 80 million ounces drilled off within 18 months. I did real good!

Arequipa - Canaccord mining analyst said met problems about bottle roll tests that yielded 75% recovery in 4 hours, (best recovery I have ever seen in 4 hours)other experts said no drill holes yet, when they had driven a drift (6 foot diameter horizontal hole) into the center of the orebody. Barrick bot them out for $33. Fattened up my wallet real nice!

Pacific Rim. Surface sampling showed huge ore body. Drilling showed samplers were idiots or crooks (samples taken along strike of fractures) Lost my shirt!

Win some, lose some. I am not a trader and do not have time for charts like a lot of people on this board. IMO this Sask coal situation is unique. Putting my money where my mouth is.

I also believe in gold. I have other interests involving gold that have me covered there.

To each his own!