i addressed the action in voisey bay an earlier note.

i missed the voisey run because i just was not, at that time, able to get my head around a stock moving so far so fast.

the key i have since learned is forget the rapid ascent of the stock price, focus on the discovery and the firms total assets ie ALL projects.  if it is worth $xx, it is worth $xx dollars.  the market will QUICKLY match that value, many of us early in our trading careers try to tell the market it is moving to quickly or we try to guess the mid term swings.  i left more money on the table by trying to be to clever then you can imagine.

any successful trader/investor will tell you the same.

do your homework.

be right and sit tight.

regards,

jeff

4xx