RE:RE:RE:RE:RE:pvgHI GSB.. I don't have any techniques to find companies.. Years ago I used to spend a lot more time scouring the net/boards trying to find the best spec juniors under 50cents but these days I tend to stick with those companies I know well with proven management that I have been in and out of for years.. my post on the CTG board may have been misleading as I mentioned my successes but not the hundreds of losers Ive had! ;) Oh wait I did mention that I lost nearly all my money in 2008 too!.. so I would warn anyone who takes my word as gospel 'don't listen to me do your own dd!'.. It's quite interesting what happened with the ATC thing.. suddenly I was a hero and everyone was asking me what the next ATC was going to be! I even got invited to an exclusive meeting in Toronto and offered a job in the business! All because I got one stock pick right! go figure!
Thinking back though it was always more about the people than anything else.. Nuemeyer, where Rick Rule was doing placements..(before Sprott).. Quartermain, Archer Cathro and the Strategic people.. etc..
The very best stories seem to have a habit of getting better and better.. I always look for problems.. with Pretium there was the local election a few montha ago but now that is sorted and went the right way for mining in BC and then there are/were questions about the uniformity of the grade at the VOK.. questions which only the bulk sample will answer.. but the discovery of the Cleopatra vein strongly suggests to me that all the exceptional drill results will not be misleading.. I first bought Pretium shares over 2 years ago a few months after the IPO and I paid $10 a share.. no doubt the story has got better and better and now the stock is cheaper! I said I would load up under $6 but I have been buying at $7 and $8 too.. my average is now $7.55 which I am very happy with..
It's true no one seems to have a clue what will happen and now we have the summer doldrums and less liquidity means the stock could fly up or drop suddenly with some Fed remark or word from China etc etc.. but I am quietly convinced that gold stocks have put in a bottom.. the recent turn around at $7.50 (PVG) looks very good for a higher low if it sticks.. then we just need to get through $9 and that, just maybe, could be last we'll see of these serious bargain prices ?
All said and done imo it doesn't get any better in this business than owning a stock with the potential of Pretium!
..and all the pain we've been through over the last 2 years has surely been a blessing in disguise!