RE:RE:Movement on all three fronts Hi NewChoo... yes I'm hoping Reyna is the next Mag. Mag was my top stock but I did end up selling at 26.50. I'm more interested in juniors that have more upside left, with high grade and a great team.
Peter Megaw is the main reason I've decided to make Reyna my largest position. I'm hoping for a similar move that wappened within a couple years from .75 to $15 with Mag and they have three great shots at a large discovery. There was so much work that went into getting their properties together and they now have tools that were not available in the past to really pinpoint the source of mineralization.
I believe in the team and why im heavily invested. I do have a few companies that I pay close attention to and research heavily as any investor should do themselves. Also Valuepro was refering to a post I commented on by a basher... calling me a Captain pumper... most likely looking for a lower price to get in at.
It is smart to diversify but look at risk/reward. The juniors in areas of high grade past producing mines do have major upside potential if they have management that uses funds wisely, puts together districts and have a clear goal as I believe Reyna has. I've seen all the massive upside durring the last big bull run in the metals and am positioned with what I believe can have the highest gains. There are risks, but the rewards are there if you have a few ten baggers or higher in your portfolio.