Why would you sell djgt?There are investments and there are opportunities.
I will be selling because I have only held this since April and I deem this to be an opportunity not an investment. I am expecting a minimum of a 50% return on my money with the NR, that is a nice return that I am more than happy to take off the table and wait on the sidelines for the next opportunity or add to a position in something else I have like EC Minerals or Seadragon. I see these two issues as investments because I know that they already have significant developments.
As I said yesterday, I personally don't think Mary March is that big of a deal. The historical results are BELOW the famous Buchans Mine findings and frankly, the minerals that make up Mary March are not "in play." Predominantly zinc, with a bit of copper and a sprinkle of gold.
I think this will go hard (in relative terms) with the ruling and then settle into a zone and drift down. In fact, I only have a $0.25 price target with the ruling. If you look at the five year chart, it has never traded higher than $0.18 on all the other times that there has been announcements related to the legal battle. My fear is that people just don't care anymore.....this is a great win for those that got in at $0.05 but that's about it.
Cheers for now,
djgt
aka Chris Weber
P.S. Weber's Web.....coming January 2010