Re: Talked With Investor Relations - drilling
in response to
by
posted on
Oct 18, 2011 12:12PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
"Those same genii (a couple in particular) are likely buying more today to average down"
@Silver, I guess I can be grouped with those who added while the share price declined. Whether or not this will be the right move, only time will tell. I'm not concerned so much with SGR as I am with the entire sector. LSG, UXG, MRZ, KAM and others in my portfolio are all under selling pressure. But I continue to hold to the thesis that as the sovereign debt problems continue unabated, the solutions (other than printing more money) politically impossible, gold and silver will continue to rise. Eventually, the gold miners with proven gold in the ground will prevail. There will be winners and there will be losers but whatever happens, I'll be just fine. I don't have all my eggs in one basket.