TSXV:AAA.P - Post by User
Post by
kingplaya4on Sep 25, 2011 1:48am
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Post# 19081312
Are we taking too much risk with these juniors?
Are we taking too much risk with these juniors?Except for those people who find out about juniors pre-exploration stage, do you guys think we may be taking on too much risk for the potential reward? The chance for Allana to mine its own potash and become a 6 billion dollar market cap company seems low. A 600 million dollar buy out is probably more likely. So for those of us who get into a junior in the late exploration stage, we may be praying for a triple and if things go sour we could lose every penny, doesn't seem like the best risk-reward strategy especially in these times. I'm not trying to bash Allana, the same goes for my other stocks Verde and Andover.
I wish I had gone for a dividend stock strategy, you can get 8% a year with ERF or CVR partners for example virtually guaranteed. Maybe a good strategy would be to buy dividend stocks, and if the economy goes really sour you can bottom feed off some good juniors...just thinking out loud here...