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

To: LLCF who wrote (65078)	5/6/2009 6:48:09 PM
From: polarisnh	Read Replies (1) \| Respond to of 78411

LLCF, Unless you are in ANO for a really short-term trade I might think about giving it some room to run. After basing out for several months it appears that it is moving off the bottom with some really nice volume. Plus it has broken out of its long-term down channel that goes back to October 2007. I have owned Anooraq Resources (ANO) since 2006 and took all of my initial capital out in 1/3 chunks from $3.00 up to $5.00. Now I am sitting on a much smaller stash of shares then when I started but the nice part about it is that I was able to get 3 or 4 times my money back out of the stock, redeploy it elsewhere, and still have some exposure to ANO's volatility just in case it decides to take off again. Granted, it have been a long wait but since I was playing with house money it hasn't been no wheres need as painful. I just wish I had been able to do the same with several of my other holdings. Oh well, live and learn. Cheers, Steve