Obg, I love that nickname! Perhaps you were you a Hampton fan too ? Back in the NDP days, Howard could have actually written the Henry report :)
If you are having trouble making money, start by reading my NOT posts and then analyse your trading emotions in the context of the bigger forces around you. The vast majority of investments can only perform in the context of the market around them. Some markets reward greed, others reward fear and others reward panic. The key to success is to sense the next emotion of the market a little ahead of time. In other words, panic is good if you panic and react at least a few hours ahead of the market itself. Greed is good, again as long as it in sinc with a greedy market and is tempered with well timed fear. . Fear gets you to focus early, but you need to to understand the forces. Today's market is paranoid schizophrenic with lateral trading depression. I'd say it is safer to use the energy posting than trading .
You may sense that timing is key, and it is, not in the trading sense but in assessing when a stock is worthy and liquid enough to represent more than say 5% of one's liquid assets. Adhere to your personal limit and remember that "All in" is pure emotion.
Finally, always know the answer to this question for each investment you hold: What do I expect the market cap of the stock to be when I sell and what is necessary to cause the market to produce that market cap. Sometimes, great stocks get ahead of themselves, simply because some (but not all) of the factors needed for the envisaged market cap are extremely improbable. NOT I believe is coming through such a period, so despite being a great explorer on truly unique ground, there is some very bad sectoral weather around in terms of my envisaged cap. Majors have numerous opportunities in the queue at all times, and are today demanding visability for some key risk factors that did not exist in the Voisey's days. Public policy for one. Only some factors in the Voisey's comparisons are valid. The sectoral weather today however is quite lousy compared to Voisey's days. So keep the party going, but keep expectations hinged to reality. Wes is doing just fine, keeping enough in the pipeline to keep financing coming. As good as it can be right now. GLTA.