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Minco Capital Corp V.MMM

Alternate Symbol(s):  MGHCF

Minco Capital Corp. is a Canada-based investment company. The Company is focused on generating income and achieve long-term capital appreciation by investing in public and private companies and assets. The Company invests primarily in publicly traded and privately held corporations as well as taking indirect and direct ownership stakes in resource projects. The Company has its investment in Minco Silver Corporation, Asante Gold Corp, Amerigo Resources Ltd, Lithium South Development Corporation and Sherritt International Corporation, others.


TSXV:MMM - Post by User

Bullboard Posts
Comment by nigel89on Jan 17, 2005 8:02pm
121 Views
Post# 8444533

RE: tyler up 19 percent minco down!

RE: tyler up 19 percent minco down!Selling at $1.60 was obviously a good call at this point and I'm glad you got out without a loss. I also agree that holding can be dangerous. My question is, why did you buy Minco in the first place? and then I ask, what has changed? I bought Minco at a lower level so my bullishness comes from a perspective that even if Minco goes to zero I won't lose money on it. However, if you bought Minco because you like management, properties etc etc and you think gold and silver are going higher, I would keep buying. I don't pretend to have the answers, this market and these juniors can seriously do damage to one's capital. I do completely agree that taking losses and moving on from the dogs is not a bad idea - I just view Minco as an opportunity at these levels instead of a dog. Best of luck to you and maybe you'll get back in under a $1. Regards,
Bullboard Posts