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

To: Claude Cormier who wrote (188773)	6/18/2010 1:47:36 PM
From: Rocket Red	Respond to of 313686

okay thanks

To: Claude Cormier who wrote (188773)	6/18/2010 2:11:21 PM
From: baystock	Respond to of 313686

>So far, developments not going according to previous plans. We have to wait and see if they will meet Step 1 of the plan which is Zaruma producing 100,000 oz per year at $300+/oz.< For these reasons, I have sold some of my position in DMM over the last few weeks. My reason for doing so was to diversify my holdings and country risk by buying into another emerging junior producer with an even cheaper valuation than dynasty's. I have been wanting to do so for a while but I needed to find another vehicle to put the proceeds into. This other junior is in Kazakhstan where the country risk is IMO lower. That said I still have high hopes for dynasty and it is still my second largest position. My entire portfolio is aggressively into quality junior golds in or very near production now and with good production growth profile going forward and currently consists of edv, dmm, and alh. Each of these is on the track to become an intermediate gold producer and to accordingly get a rerating.