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Gold/Mining/Energy : Corona Gold Corporation -- Ignore unavailable to you. Want to Upgrade?


To: jpthoma1 who wrote (8)3/17/2011 10:42:07 AM
From: 31Floors  Read Replies (1) | Respond to of 35
 
Thank you JP. I haven't had time to follow up. Just too busy to make it a priority but the balance sheet allows me the luxury and big time comfort level to make my commitment. I accumulated over months all the while gaining comfort esp when there are no 'IR' type pronouncements, no IR for that matter, literally and figuratively.

Am I intending to be a long term holder? Absolutely yes. I take every day as a learning experience in the markets and one thing I learn most about is myself. I know that I am not able to stomach the worse of worse days and am much better to bottom pick than to hold dogs ie. profitably trading JAG several times; current ACB is $4.90). But to be in at $13 I would have given up and sold the same shares at this level. Does this make sense?

Currently I'm playing ups and downs on FVI quite well, I might say. Also I really like RVM Revett w/ 200m oz silver resource, a producer in another mine and very cheap. USA.

When I look at the stuff I've sold out of over the past few months - RMX, OGC, etc. hold only a few freebie SLXs now, I see it could have been much much worse. With CRG, I KNOW the downside is limited; and I KNOW that each RYG, SBB and TML NR is a CRG NR.

As we all know conquering our own emotions is the last of a long list of beating the markets, no wonder it is so challenging. I know that owning and holding CRG for the long term is the correct strategy for me. Best of luck to you.

31Floors