Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited -- Ignore unavailable to you. Want to Upgrade?

To: Rick the Vet who wrote (1491)	10/27/1998 8:08:00 PM
From: George J. Tromp	Read Replies (2) \| Respond to of 2251

Hello Rick: That makes me extremely happy to hear this. I dont have a crystal ball to tell you what to do., but depending on your resources., you have to ascertain your own risk. Most of the time it is wise to take some profits., when a stock doubles or triples., no one in their right mind would tell you different., if you feel comfortable with the company you can sell a portion and sit with the rest., if you dont feel comfortable., sell and move on. They have a lot of drill holes to report., but as well they have many holes to drill., to prove tonnage., sure one can infer tonnage from down dip extentions and the like.,but remember., some close spaced drilling will have to occurr in the lake this winter to prove up those tonnages. They have to make the mine., and that will take some time. I personally have grown rather fond of the people at Winspear., I think Randy Turner., last January went out of his way to sit down and talk about Winspear chances for an economic discovery. He believes it., I believe it., but I cant tell you what the market may believe at any given time. I have a better record of knowing when to buy than when to sell. I guess I love this industry too much to be less than forthright., so keep track of the tape., maybe the momentum will carry it higher., maybe it wont.. whatever my philosophy is to protect ones capital at all risk., if you want to let it fly put a 25% stop loss order or floor with your broker., if the stock continues to move higher raise your stops., there are probably more sophisticated ways to protect your capital., but trailing stops usually work fine. Seeing this is an entirely different type of discovery than a conventional pipe., it may act different going forward., I dont know. Anyway., hope this helps Sincerely George J. Tromp