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Gold/Mining/Energy : Queenstake Resources (QTR.T) -- Ignore unavailable to you. Want to Upgrade?


To: Robert Dirks who wrote (1663)1/5/1999 1:43:00 PM
From: Shirley Owen  Read Replies (1) | Respond to of 2249
 
Hi Robert, I was late getting up and missed the fire sale. It's still one of the best bets for a spec stock that I can think of right now. Will it prove to be a good investment(and I use that term loosely)? That's the $64,000 dollar question that we'd all like to know.:-))I still feel that if you do enough research...you raise the odds in your favour a little more, but sometimes, even with doing all that, something comes along to screw it all up .One thing's sure, the risk-reward ratio is very high, but people who play the pennies should be aware of it, or buy the Majors and sleep better at night. This is no place for the faint of heart, that's for sure.

Cheers

Shirley



To: Robert Dirks who wrote (1663)1/5/1999 3:20:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 2249
 
<<Thats very true, but if you need the money or decide to throw in the towel, the true value is what the next guy will pay you to take it off your hands. >>

The true value is indeed short-lived for a small company like QTR as any discovery hole can change the picture at any moment.

But when I have the choice between juniors with similar exploration potential ... some that have assets to back up their stock price and more and others that don't...I prefer to buy the ones that will not collapse if exploration results do not reach investor's expectations.

CC