Another Gem from Gold Eagle:
albeit from 8 July 2008
TEN BAGGERS AND BEAR MARKETS
http://www.gold-eagle.com/gold_digest_08/locantro070808.html
Tony Locantro
re AUS gold stocks:
a few highlights:
"Our other emerging gold producer is still being priced for absolute failure, so we are continuing to build a decent stake at stupid cheap prices. There are always clients that will phone up and complain about stocks such as this one that hasn’t moved in months, but there are also others who are taking profits from elsewhere and loading up."
mmm, trying to think of a co that fits this profile...
and in Portfolio construction Tony says:
"Owning a number of quality gold juniors. Look for fresh discoveries and assets that have not been regurgitated far too many times. Check the CV’s of those involved with the company. Those who have previously worked with the gold majors and developed real mines are the ones to back."
Dean Felton, new board appointee, comes to mind...
but we are trading at strange lows (IMHO) so who knows...
please remember this was written 6 weeks ago, but I think it still holds true
Another Gem from Gold Eagle:albeit from 8 July 2008TEN BAGGERS...
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