Happy Thanksgiving & Early Christmas !!! HHappy Thanksgiving to all US investors and for you in other lands, God Bless and Keep You.
IMHO we all got a Christmas present today. What Dougan are you nuts ??? Hear me out. Today's news release was in no way good but u got to make lemonade out of lemons.
If and this is a big if ...you believe in JPS & his experienced team and more importantly the ground that they are prospecting ,than today is a blessing. Sure they missed... but in reality what company hits the Mother-lode on the first try ??? Answer none ???
We are in the first inning of a 9 inning game. We went up to bat with high & overly enthusiastic expectations. I am guilty of that as any, as I thought since we were on same fault as GBR it would be easy. Welcome to mining & prospecting, that is why there is so little Gold in the planet and is going for close to $2000 an ounce (an ounce the tip of a finger).
Using baseball as an analogy on our first at bat the all-star picture blew us away. But we have seen him and know a little of his characteristics. With each at bat we learn more. On our third or fourth at bat we know his tendencies and pitch pattern. The more we learn the better chance we have of hitting one out of the park. Same with GNG the more holes in the ground the greater the chance of success.
The only way to get rich in this sector unless you are Eric Sprott ...and can load up on $2-$4 stocks and buy huge positions. However it is difficult but not out of realm of possibilities for Joe Q Public when stocks re beaten down to levels which never seemed possible... IF YOU BELIEVE IN THE COMPANY... you should be averaging down and looking at today as an early Christmas present. I know I am... I own a ton of shares but I want more on the cheap until I can't buy anymore.
If this was the 9th Inning and we our still coming up with dust that would be foolish. We are in the first inning... I will take my chances, Happy Thanksgiving and now I'm going to enjoy my Turkey. Tomorrow is another day. KD
2