Hi Snugg,

Over the several times we have met, you know me as sincere and one who looks toward diversity in thought and new ways of seeing things…non-the-less sometimes I struggle with understanding and disseminating information, like a mental block :)as a result, sometimes people refer to me as a fool or at best a bit dumb:) …with this in mind and with respect, you may not be surprised to hear that I stand bewildered at you’re 2 word post commenting on the recent discussion of G and myself.

“Soft bashing G.”

It seems to me like your speaking in ‘code’.I don’t know for sure what you are intending with this post:

Are you labeling me as some kind of a pumper?

Are you labeling G.?

I don’t get it.

I do know that both G. and I are not pumpers of any kind.

Perhaps you have accomplished what was intended: making people puzzled at what a wise man might be thinking…so it’s a riddle !

On another topic: TRADING and INVESTING

As a long term investor, I must reserve the right to trade.

Obviously, one does not make money until that sell button is executed.

As and example, I bought a couple of million shares of SPQ in 1993….my research told me they were on to something…a few years later they hit 32 cents with 8% copper, which for me meant a 400 % appreciation and I traded during that week.

I apologize to no one….i was invested at that point without trading for several years.

I got out of the ROF eventually and into GNH in 2008…when we hit 90 cents it meant a 10 bagger for me and I traded with half of my shares.

Again, I am a long term investor who reserves the right to trade….eventually !!!

As well I do most of my investing through PP’s which by definition represents longer term.I currently have six PP’s in my Junior Portfolio.

When I speak of trading on these boards it refers to those who await every news release in order to sell, which of course is completely different from the long term investment strategy which I promote.(I actually posted my strategy in detail which anyone is free to review in post history)…you simply make more money by being patient…rather than trading or waiting to trade at every corner and then complaining when that is not possible or profitable, blaming management or blaming the market in some way.

In 2000 I worked at a trading house here in Toronto, trading my own account ($50,000 US. minimum) on momentum of the day’s market activity.It was at a time when such trading was transitioning to private citizens compliments of the evolving internet.(for a few years before that time, the internet allowed my wife and I to operate our translation business from any where in North America and we certainly did just that with our two children, I am so happy to say, especially in that she is no longer with us) …I often traded MSFT but many times we would trade with the favorite NASDAQ stock and second guess what momentum Goldman or Meryl would bring with their ongoing activities.

I did not like it…it taught me a greatmany things…one of the most important of which is that the majority of private momentum traders on the nasdaq and News traders on the venture do not make money…and most of the one’s that do, live a strenuous life, staring at a screen all day following market makers.

The real money is made in long term investments…6 months to 6 years or more…but you still find yourself trading in spurts when you're week or month in the sun arises.…any long term investor deserves trading days when the time is right…how else do we make returns on our investments?!:)

Cheers….danny