GREY:TCEGF - Post by User
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Fullplateon Jul 29, 2018 11:50pm
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Post# 28383755
RE:MSFT
RE:MSFT Thirty years ago there was probably some analyst telling Microsoft shareholders that IBM was safe and real. Both were true, but I would rather have owned MSFT. And back then, there were certainly pundits that said that Control Data and Kodak were safe and real.
The kind of risk represented by Terraco as part of a larger risky portfolio is a managed risk. Considerable risk, but less than most juniors in this sector. The reward should be greater than all but the most successful explorers/developers. If I could pick only those most successful juniors, then I wouldn’t need to invest here. From 2009-11, it seemed like I could. The last 6-7 years, not so much. Terraco can only prove its worth in an environment of rising PM prices. It has not existed in such a period. I’m betting that we are heading towards one.