copper up 5.5%, page-13

I'd like to pick up some more at 0.13, sure, because I agree when you say:

"its a blue sky stock with a long time frame"

But then you say

"Buy at 12 sell at 14."

Yes it's been hovering for a short while at this level but will likely rise & rise quickly from here when the market believes gold & copper are headed higher (for the long term!). Gold is starting to have some big jumps overnight ....... I'd be kicking myself if I'd sold @ 0.14 only to see it 'gap up' significantly the next day.

I have my doubts that we will see CGG around these levels for long, and while you may make a few thousand $ here & there by range trading, the big win IMO is with simply buying & sitting tight.

The thing that really attracts me to this stock (apart from Owen Hegarty's presence and the handsome grades) is that while the costs of getting the stuff out of the ground will likely increase a great deal for other miners with the inevitable rise in fuel prices - CGG are presently getting their bulk diesel at around 10c per litre!

In the not too distant future, when others are paying several dollars a litre I would not be surprised if Citadel still get theirs south of 50c. I have many other miners in my portfolio but would not be happy to have missed out on the potential we have here.

In that respect, what a great place to do business!