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Bullboard - Stock Discussion Forum Linear Metals Corporation T.LRM

"Sona Nanotech Inc is engaged in researching and developing gold nanorod products. It makes products for diagnostic test and medical treatment applications. The company's product includes Gemini and Omni."

TSX:LRM - Post Discussion

Linear Metals Corporation > Just checking in.
View:
Post by StockBadBoy on Jul 28, 2011 7:33am

Just checking in.

Since no one has an interest in LRM, I guess I will post again. Drills are turning and the price has firmed around the
.39 range. The company sure appears to be lying low in all Investor Relations circles, I guess this doesn't mean very good things because you would think if they had something good to say, they might want to take advantage of the opportunity of gold at its current price. This is all rather boring here. Perhaps if they stock price moves higher, someone else might post a tidbit or two.
Comment by consultant99 on Aug 09, 2011 12:27pm
Well on the recent spike down in prices I got back in at 0.30/share. My philosophy on penny stocks remains - don't fall in love with your investments; buy low and sell high. No one ever went broke taking a profit.I am looking for a 25 - 35% return on investment and expect I'll get that fairly quickly.Good luck allAs per your concerns on the investor relations front see news release this ...more  
Comment by consultant99 on Aug 22, 2011 12:00pm
I exited this morning at 0.375 on the price spike relating to the news storm below...As mentioned I am more than happy to take a 25% return on a speculative mining stock in a very short time frame. I could have held out for more but I believe that pigs get fat and hogs get slaughtered so I took my money off the table. I suspect I'll be back in again once the news dies down and the price falls ...more  
Comment by StockBadBoy on Sep 09, 2011 8:07am
Every body has their own approach BUT it is hardly time to be checking out of LRM. The drills are turning, cores have been sent to the lab, there should be plenty of news throughout the fall. Just my opinion, need to stay with these plays if one wants to reap the benefits. I suspect these guys have a lot in this play and aren't about to give up just quite yet.
Comment by consultant99 on Sep 11, 2011 2:12pm
Maybe it is and maybe it's not. The one thing I have learned is that no one went broke from taking a profit and the odds of a buy and hold strategy paying off in huge profits on a speculative stock is very low. I only share this as I have for years done the buy and hold and it has not been all that successful. In the last 16 months I have made over $40,000 in LRM and never did I ever have more ...more  
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