Re: "All Over the Place Investment Strategy"
posted on
Feb 18, 2008 07:07AM
Discuss the various junior resource companies within the McFaulds Lake Area
My feeling is that we're still in the early days of McFauld Lake plays and most of the current players will still be exploring claims in 2009. However there certainly will be times during this year where moving in and out will make investors nice money.
Going totally long and waiting for a buyout as happened with Voisey Bay could be risky as even Noront while leader of the pack now could after a fulll season of drilling be put in the shade by someone with a larger find. Being prepared to take at least some money off the table on runs and buying back in on pullbacks could protect profits and investments.
Going to be very interesting these next few months and it would be very strange if most share prices aren't pushed higher than we see now. It's kind of a lull we see with behind the scenes arrangements being made which will generate a lot of interest and following of all the players.
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