RE:Fordster ;1rockit wrote: Believe it or not I've actually been holding this for a while. I'm actually up on it a bit so it tells you I haven't been holding it for that long. I do like what they've done BUT I'm not that impressed by the grades ! The reason I'm in it is because I really don't know many companies that have got 25 million ounces on their balance sheets !! Like I've said many times, if we get a higher gold price this is a bargain. Just one other thing, if I think its going to fall from here, I'm gone ! That's not why I'm here. I'm not investing to lose money!! Cheers my friend !!
1rockit, you haven't been here very long at all. The majority of us posters have been here 2+ years and have already seen HUGE gains before they had even close to the resource they now have. We are longs and will hold until this goes.....which it will....regardless of what happens in the near term. There WILL be a mine here someday. If the world wants gold they will have to start producing these lower grade resources. If nothing else. The lack of gold will drive the price to where it's feasible if it isn't right now..of course we feel that a bump of some sort is coming sooner rather than later but I'll hold till it happens and add when I can.