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Creating value through Exploration and Development in the Sierra Madre of Mexico

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Message: Re: Today's Level 2 Activity

Jun 25, 2008 07:12PM

GF, The answer is patience. AS time goes on, and boards like this continue, more people will get in on the Kimber and the gold and silver story. Perhaps they won't necessarily get in on it. Rather the reality of it will start to hit them in the face. We are playing a numbers game here. The shorts have a slight advantage right now, that being that they are not playing with their own money. It's much easier to throw money around when it is not yours. And it's much easier to take chances when you are under the delusion that you have nothing to lose. Someone has given them the green light and basically said, "Here, sell as much as you have to to crush this thing." In light of what we know about the bull market in gold and Kimber's prospects in that bull market, these tactics appear to be nothing less than insanity, but alas, insanity is what we get. Banks are all sweating right now and playing the game very desperately. The world is changing all around them and they can't make an adjustment. It is very easy to believe that the gold and silver price will collapse when all your money is betting the other way, and these banks who have essentially sponsored the shorts in Kimber have all bet that way. They are in big trouble. And I think they know it, but they are refusing to believe it. If you have ever talked to a lung cancer patient with tumor spread to her brain and liver and lymph nodes who has maybe a week or two to live who sits there in front of you and tells you that she "thinks she has a good chance of beating this thing." you would understand what I mean. The reason Jesse Livermore made $100,000,000 in 1929 was because a lot of other very smart people lost it, refusing to sell until it was too late. We are all in, and so are they. Sooner or later someone will have to show their hand. Like I said, they have the advantage right now, but ultimately we will, because we're holding 5 aces. Bull


Jun 26, 2008 07:48AM
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