RE:RE:RE:RE:RE:Profit takingBrandyBooth wrote:
Shylockreturns wrote: Piggy -
You are correct. To make money you have to sell. But here are a few things to keep in mind.
1. Fiat currencies, ALL of them, are losing purchasing power at an accelerating rate. I would rather hold wealth in shares of a gem like WM than trade for something technically worth nothing.
2. This share has a long, long way to go before it reaches "maturity" so to speak. Don't sell too soon and watch it quintuple while you are there viewing the "train" continue off beyond where the eye can see.
3. Watch what the big money does, e.g. RR and ES. These guys are the shrewdest of the shrewd. You will not go wrong following their lead.
4. Remove all emotion from your trades.
5. Do NOT listen to the many morons on this board. It is a law of the universe, regrettably, that the really good explorers, mid-tiers, etc. seem to attract the jetsam and flotsam of the investing world like the bum, Brandy Something, whom I just turfed into the IGNORE pit.
6. Don't get discouraged. Although this is a great company and share, there will be setbacks from time to time. Don't even watch it every day but don't let it out of your sight, either.
I could go on but you get the idea.
Good fortune to you.
Another fiat currency preacher. The safe haven in 2008 wasnt gold, it was the usd.
BB
People run for cover when Im in a tangling mood:) I have good news for you, I am moving over to the bar board. I will leave you alone. I made some money here and today decided to get back into the play having sworn off explo plays, but this is a good one, and bravo to wm for the discovery. I think it will get taken out in the $1B range and thats the only reason I bought bar instead of wm today. KL or another needs to gamble to a certain extent in order not to pay full price while at the same time ensuring that the goods are there for their shareholders. There is no infrastructure in place. No mill, no decent roads and at the moment not even any electricity. Big projects get built by companies with the money and technical expertise to move them fwd. There are some exceptions like what osk did in Malartic, but they had certain advantages to draw upon. The manpower was right there, the hwy, the suppliers, everything. You will all do well. Bar has no mangement from what I hear, but the rocks dont know that. Wm will move up, bar will move up with it as it has done so far, and when wm gets taken out then all eyes will be on bar. Thats the way I see it.
Dont listen to me or know it all preachers like Shylock with his 6 steps to riches. He forgot my favorite which is try to get your hands on some good insider info :) Putz needs to find a sense of humour also.
Bye bye.
Brandy
(anyone wanna argue you know where to find me:)
Grrrrrrr:)