TSXV:PEM.P - Post by User
Post by
Adahondeayenhon Oct 06, 2010 2:19am
327 Views
Post# 17533414
I can`t find this one article!!
I can`t find this one article!!Hey everyone, I`m trying to find this one article... Here`s some tidbits that caught my attention from the article. I`ve scanned back to 9/13/10, and haven`t found it yet. Must be a month or 2 older than that, but I don`t know!
First of all, the person said he was buying PEM. He said it was a speculative explorer, so he couldn`t devote as much money to it, but he really liked it.
He has his portfolio up on average 100% a year. Sometimes he has a bad year, he said that he lost 5% a couple years back, that's 50$ out of every 1000$, but the next year he was up 500%.
He said how he could turn 5000$ into 1,000,000$ in 8 years if his portfolio gained 100% a year.
Umm... Some other stuff... I don`t quite remember. He liked gold miners a lot because he said gold miners are in a position to make a lot of money AND they`re undervalued. He says either gold miners have to go up a considerable amount, or gold has to drop dramatically. He is betting on the gold miners going up.
Besides for that, I believe he said he liked the paper and pulp industry because it was growing 10-30% because of China.
Can somebody help me out ? Thanks, team ! GO PEM! GO CANADA! GO TEXAS!