Re: News Please!
in response to
by
posted on
Jan 13, 2010 11:11AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Whats your magic number you need?
Jeff, for me there is no magic number and as you and I illustrate that investors have a wide range of needs and expectations. I am older than you and have finished paying off the mortgage so I need "relative" safety as I plan for retirement income. I still have a way to go, so because I see currency devaluing I have to own assets and will stay away from cash instruments. I am fairly new to the Rice Lake play and when I made my decision to go overweight SGR, I decided at that time to wait until Q2 or Q3 of 2010 before selling any stock. If they are not in the black by then I will seriously have to consider if they know what they are doing. I will not be distracted by the noise in the media, however my eyes are wide open for something that I would consider material to SGR that would have me selling and moving on.
PS
Congradulations on your recent wedding and honeymoon and now back to the wild wacky world we fondly know as SGR.