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Message: Re: Gold Stock Strategist - was $2.00 a good exit price?
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Jun 26, 2009 11:45AM

Jun 26, 2009 11:56AM
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Jun 26, 2009 12:13PM
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Jun 26, 2009 12:19PM
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Jun 26, 2009 12:19PM

"It's only good business to take some profit out when a stock makes a major move up, like SGR did from .90cents to well over $2.00. I think 100% is pretty nice don't you?" Kirk

With that kind of reasoning I would have been out of SAN at $0.54! I would have sold NT at $6.00. (Having bought at $3.00!)

In 1965 Giant shares were selling for $12.00+, In 1992 Goldcorp was trading in the $2.00 range. Bissett offers similar geology and potential to both mines!

Would it have been wise to have sold Giant at $2.00, or G at $4.00! (of course in hindsite, the answer is very simple!)

"One good investment can replace a lifetime of labour!" ANON

IMHO, SAN, even at today's closng price, offers anyone that opportunity. (Do you want to pick the flowers or eat the fruit! I'm here for the fruit.)

With the employment market so crowded, it may be a good idea to stay aboard a while!

IMHO, a major move would be from $0.90 to $$20.00, not $2.00 as you so gleefully state!

Just remember, infinite patience yields immediate results!

No objection to selling a few shares, but the majority should be a core position that come hell or high water, you still own when the price pushes through wherever you consider your "ultimate" return!

"Our doubts are traitors and make us lose the good we oft might win by fearing to attempt!" WS

RUF

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