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The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.

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Message: When You PM Financial House is on Fire?

When You PM Financial House is on Fire?

posted on Sep 05, 2008 04:27PM
I know we are all suffering from the meltdown in many gold stocks, which IMO will prove to be ephemeral for the better goodies that meet the investment criteria that Jim Sinclair has previously revealed. Read the following and you should know what you should be doing, not what the panic ridden so called long term investors have been doing with their precious metal investments:
Tom Smith
Posted On: Friday, September 05, 2008, 6:37:00 PM EST

In The News Today

Author: Jim Sinclair



Dear CIGAs,

When your hut's on fire…

The only survivor of a shipwreck was washed up on a small, uninhabited island. He prayed feverishly for someone to rescue him. Every day he scanned the horizon for help, but none seemed forthcoming. Exhausted, he eventually managed to build a little hut out of driftwood to protect him from the elements, and to store his few possessions. One day, after scavenging for food, he arrived home to find his little hut in flames, with smoke rolling up to the sky. He felt the worst had happened, and everything was lost. He was stunned with disbelief, grief, and anger. He cried out, 'How could this happen to me?'

Early the next day, he was awakened by the sound of a ship approaching the island! It had come to rescue him! 'How did you know I was here?' asked the weary man of his rescuers.

'We saw your smoke signal,' they replied.

The Moral of This Story:

It's easy to get discouraged when things are going bad, but we shouldn't lose heart even in the midst of our pain and suffering. Remember that the next time your little hut seems to be burning to the ground, it just may be a smoke signal that precedes your rescue.

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