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Message: Correction

Seems like the correction they have been talking about for the last month is finally upon us. We won't know for a while whether it will be short and to the point. Or a long drawn out painful affair. I guess I will now find out if my strategy was correct, or not. In anticipation of the correction I sold all of my stocks and moved into SGR for the reasons I expressed in past posts. I hope the buying in the last couple of weeks has formed a little bit of a support level, however I never bought so as to trade in and out. I am hopeing that the correction isn't a deep one, as some suggest and maybe with the release of the warrant success, some more drilling results and the "elusive 43-101" we will stay in the game. I suppose from a long term investors point of view ups and downs shouldn't matter, however psycologically it is hard to ignore when you are going backwards. The timing of this is good as it will shake out the last of the weak hands after the warrant exercise. With any luck SGR is what they say it is and we will move on.

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