GREY:GPLDF - Post by User
Comment by
SilverBellson Sep 07, 2009 12:23pm
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Post# 16284035
RE: Matt
RE: MattBang on northernbull, I feel your frustration. After reading your comment I can see you and I are going through the same el toro poopoo. I've been investing (speculating) in the PM sector now almost 7 years. There have been so many ups and downs along the way. Get your hopes up just to have them crushed time and time again. Last year was a horror story, many of my stocks are still down 90% from where I originally bought them. The recent rally has virtually done nothing for them. But I still believe the gold/silver bull is far from dead. And I think stocks like Great Panther will go a lot higher in the years to come. I think a long term outlook and patience is required for this company. It's got great management, great projects, increasing it's reserves, lowering it's production costs, cash positive, silver is moving higher, and the stock is still 1/4 of it's high. There will be bumps a long the way and corrections are part of the course. But long term this stock is going up. It's a market mover, and has a large following. Panthersunite may have a 10 year target for Great Panther of $10.00 but for me if I could see 1/4 of that ($2.50) I think I'd be thrilled. Over the years I've learned something and I'm sure you have too. There is no room for greed when it comes to playing the markets. I got carried away, I was so heavily involved with the junior sector and I lost my shirt. Now I'm just hoping to break even. Good luck to the longs.