RE:RE:Does this mean production is going down
1condor wrote: Dixiedee...Good to see you took my advice from the NFG board and have finally made it over here. TXG is a "real mining" stock. Not like NFG which has been a big money killer for you (by the way I finally covered my short on NFG this morning $$..didnt want to get to greedy). TXG is now my only holding (staying long of course) in the gold space...lots of upside here.
you still keep confusing producers with exploration company's they both have a connection to gold but that is where it ends You invest in producors for different reasons than exploration companies I have been investing in both for 50 years and a smaller part of my portfolio is in exploration
but it still is a substantial amount .Newfound Gold will make its investors over the next few years far more than any producer will but I like producors and royalty companies in this gold environment
and bullion as well I have them all and all for differant reasons and for different timing of this bull market that being said I will always hold some bullion and have since the 70,s and 2000 and 2001 and again when gold was 1401 C$ and 1400 US$ added a lot more still have it all so iam not just a one trick pony in this space all the gold plays have thier time and place you need to recognize that and that things in this space change fast when you least expect it to