The former Wildcat Exploration Ltd HUB On AGORACOM

The company is now known as FUSE Cobalt.

Free
Message: And so is this!

Although I missed some huge percentage gains in the junior resource sector, I still do not question my way of thinking during the financial meltdown. I knew stocks were cheap and the ones I bought were for liquidity reasons only. Perhaps valuations and dividends played a bit of a role. At the time I figured if I wanted to bail in a hurry 500 shares of BMO or PCA would be easier to unload than hundreds of thousands of shares of penny stocks. I am convinced now that the reality of fiat currency has changed all that, as the devaluation of paper money will produce liquidity everywhere there is a value or perceived potential value. Risk reward ratios are now my main investment criteria. This is why my largest position is still SGR as IMHO it has proven value, although at the current level the percentage gain may not be as rewarding. For those that take the risk on all the other little neighbours(many of whom occupy the same geology) the rewards can be huge.

Thanks for the 3-d Res I love that kind of stuff

Rookie

Share
New Message
Please login to post a reply