Re: Wow, big holders on here - not me, Twilight! :)
in response to
by
posted on
Sep 10, 2010 11:37AM
New Discovery Resulting in a 20KM Mineralized Gold Belt
That's the right way to invest according to most. I'm trying a different approach with this one.
Invest in what I know. Understand the economy, see the value of gold, look for the highest rate of potential return in a junior explorer, scour the exchange for junior explorers, talk to people, find the best junior, and do online DD.
From there, get to know the people involved, do background checks, and understand the value of the stock.
Take a home run swing.
From there, manage and protect your investment by maintaining relationships with management, shareholders, industry professionals and visit the property at every possible chance. Leave no stone unturned along the way.
So far this has been undoubtedly the most profitable method of investing for me. Of course, I haven't sold much but my instincts tell me to wait a little bit longer before I take my investment out. I look at a stock like Noront where I have multiple connections to the company but I still feel like I am in the dark.
The coolest part is, by doing this I have been introduced to several other opportunities and I think I've found another ONE whereby I can do the same process all over again....still in my early stages of DD though but its reminding me of GNH where it is hard to find the downside risk. (Although nothing compares to GNH in my opinion for sheer explosive potential)
I'm beginning to think that diversifying is Wall St's method of convincing you to part with your hard earned cash and investing in things you have no clue about.
Just a different perspective...