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

To: TheBusDriver who wrote (169674)	7/14/2009 6:24:07 AM
From: Condor	1 Recommendation Read Replies (4) \| Respond to of 312860

EPM In hindsightI have concluded that two things killed EPM. 1) Low grade ore body 2) Process problems that went on so long that they bled the project to death. I was convinced after my own DD that this No. 2 pick of Claude Cormiers was a winner. I also (like you apparently) had too large a position in it. I do remember voicing concern about the low grade of this play and getting "tuned up" here about not knowing what I was talking about. What did I learn from all this? 1) Never overbuy a position size in anything. 2) Never dispense with my gut feeling on a matter. 3) Never talk up a project on a thread. Quietly do what I choose to do and don't risk having it thrown in my face by a disgruntled audience if it doesn't work out. EPM..who'd a thunk it would be a bust..........