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Engold Mines Ltd V.EGM

Alternate Symbol(s):  GWRRF

EnGold Mines Ltd. is a Canada-based exploration company with a focus on copper, gold, silver and magnetite. The Company is focused on its 100% owned Lac La Hache Property in the Cariboo region of British Columbia (BC). The Lac La Hache Property hosts numerous copper-gold mineral deposits and prospects, such as Spout Copper Deposit, the Aurizon Gold Deposit, the G1 Copper Deposit, Ann North Porphyry Prospect and Berkey Porphyry Prospect. The Lac La Hache Property covers an area of approximately 25,750 hectares. The Project is located approximately 14 kilometers east of the town of Lac La Hache and in a region of producing mines (Gibraltar, Mount Polley), the Property’s local infrastructure includes power lines, highways, maintained roads, and other amenities. It also has properties in the Clinton Mining and Cariboo Divisions located near Lac La Hache, BC, which include Miracle/Murphy, Peach Lake, Ann, Murphy Lake and PMA/Cassidy.


TSXV:EGM - Post by User

Bullboard Posts
Comment by trader4everon Aug 15, 2008 3:26pm
258 Views
Post# 15388397

RE: jambeister

RE: jambeisterradar, you might have arguments as much as you want. For me it is simply the fact that microcaps included commodities are gambling stocks.....or, to say it nicer, high speculation. This stocks can be hold for a while or even for years, or they can be just weekly pennyplays.
If you make your DD on a 4-years chart, that you would simply notice that all your arguments might make you looking good as a talker....but not as a speculator !

If you would have bought in Juli 2003 and sold in March 2004, you would have made tons of $. If you would have traded GWQ between Juli 2006 and July 2008 you would have been able to make tons of $  6 to 7 times within those two years.
Jambon might be a lousy believer since decades if he might not have sold shares and just collected them (just maybe).....but there is no doubt that you are a lousy speculator who is bashing this stock, which has been a great opportunity within the last years to speculate.
There is no rule in the market saying that one has to hold a high risk stock for years.....but there is a rule in the market saying that someone, who just bashes over the years without using opportunities to speculate, must be an idiotic loser. It is extremley  funny that a microcap followerr - which you might be - does just bash a stock and its management insteed of using the market - this stock is just part of the stockmarket - to make money. If you do this in general you waste your life for nothing !
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