Re: RN's statement about a PGM mine - Goldfinger
in response to
by
posted on
Feb 23, 2008 10:59AM
Discuss the various junior resource companies within the McFaulds Lake Area
"I just think that since so many on this board rely on your expertise that you should fully disclose when you sell as well as when you buy."
This is an unfortunate position your in. Although I certainly enjoy reading Alcollard's post and commentaries, I certainly don't use him as my investment advisor (although I did ask him if he wouldn't mind being my mentor).
You have to cultivate your own investment style and strategies. Alcollard doesn't have to disclose anything to us! If you don't educate yourself in becoming a better, more informed investor you may as well go to Casino Rama and bet on slots machines. You may hit the jack pot there!
I like Alcollard's strategy because he has not shown any emotions in his investment strategy. He bought on average at $2.67 and sold ar $4.20. That's $1.53 per share profit. at 50,000 share (just a number, I don't know what his position was) that's $76,500. Do that 3 times a year at a job you enjoy in a waterfront house, that's $229,500 a year.
More power to you Alcollard! Keep your level head, enjoy the watrerfront and think about my offer!
Cheers!