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To: gregor who wrote (1132)5/6/1999 12:03:00 PM
From: yard_man  Read Replies (1) | Respond to of 1283
 
Gregor,

Honestly, I never have been a goldbug, at least in my own mind.
I bought the miners because gold was scraping a multi-year low and equities were at all-time highs. I like buying anything that is in a "perpetual bear market."

I am not thinking of selling now. Waiting for the stock market to panic first. I have a goal of 4 - 5 X my original investment on the juniors and between 2 1/2 to 3 1/2 times for my more "blue chip" golds. When and if those price targets are reached, I suspect that the stock prices will not stay there for long.

These are long term investments only because it has taken gold awhile to pop. Right now -- the juniors haven't even started to participate -- it is early, if it is even the real thing. I just don't know ...