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Claude Res Inc CLGRF

"Claude Resources Inc is engaged in the acquisition, exploration, and development of gold and other precious metal properties. Its projects include Seabee Property and various exploration properties located at Laonil Lake. It also owns Amisk Gold Property."


GREY:CLGRF - Post by User

Comment by December3on Dec 27, 2012 5:37pm
149 Views
Post# 20775700

RE: RE: RE: Back In's....

RE: RE: RE: Back In's....

>>>Stock prices go up and down despite good management and bad management. In the whole scheme of things, there are a host of various other factors to look at as well. To be fixated on one so as to have tunnel vision on the others is just not prudent imo.<<<
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No, one has to look at what is their object to buying CRJ shares?  If one is a trader and wants to sell CRJ shares after a 20%, 30% or 40% gain then management means nothing to one's buying decision.

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However, if one is interested in long-term gains or "getting in on the ground floor" of something BIG , then one is buying with GROWTH in mind.  If growth is your reason for buying shares in any company then GOOD management has everything to do with it.  Especially with junior miners! Period.  Learn this lesson from the experience of others with the battle scars to show for it, or learn them "experientially" from losses.

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So a statemet that says "it is OK to ignore management," is relevant only IF one is a short-term trader or flipper.  If one is a long-term investor and they ignore management, they are just putting their money on black or red on the roulette wheel.

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Know the reason for buying the shares - your strategy [short-term flipper or long-term multi-bagger] .  Define it for yourself and stick to it.  Please don't confuse the two.

 

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