RE:RE:A toast to discovery in Top 10 juniors at year endIf you're investing in mining stocks and you know nothing about geology, you are screwed and your opinion is worth nothing. If you make your picks purely off newsletter recommendations and bullboard rumours, you are a moron.
- How are you supposed to evaluate a project?
- How do you interpret the promotional and technical information?
- How do you ask management the tough questions?
- How do you compare a project's fundamentals to other similar projects?
- How can you understand the differences and challenges associated with mineralogy and metallurgy?
Old CIN investors still butthurt over Carbo need to get over it. There was no conspiracy. Wicheeda Lake (Carbo) was and still is a good target. The first drill results weren't out of this world, but they were still good, and encouraging -- technical people know this. Did they live up to the expectations and hype around a 70 cent stock? No. If it were a 10-20 cent stock, it would have been a totally different situation. Only thing management should have done in my opinion is raised money at 60 cents.
Yes, I made $ off CIN. I liked the project, but recognized that the market expectations were out of whack. I didn't get greedy.
Companies with good technical people will always survive. Rollbacks happen. Lots of hot stocks were dogs before they hit. When someone hits, people always ask "was it skill or luck?". Well folks you're always going to need luck. Geology isn't an exact science. And remember, people like to sell on news.
Sorry for the aggressive tone but some people on the bullboards have some major entitlement issues. Just because you buy stock doesn't mean you're guaranteed to make money. Do your own due dilligence FFS. Call the company. Talk to management. Ask them questions! Ask them for maps! Ask them for pictures! Ask them for anything!!!!
Z