Re: New Rule for ME!!-crazy canuck
in response to
by
posted on
Mar 27, 2010 09:17PM
Edit this title from the Fast Facts Section
Crazy Canuck,
Thanks for the paste. That is an interesting read. I have a lot of DD on all those properties already, as I was heavily invested in a lot of them last summer. I believe that highway will run right past Decade's property, which hammered me last year. They had great holes off the start, but then had a couple of bad one's before winter hit, and WHAM, down 75% she went. ABSOLUTELY CRAZY!!
I also had some area plays in EAR and MTB, which also got crushed. I played around with a lot of other plays in that area. I do believe that area has a lot of potential, like the article suggests, and probably all those stocks will do well this summer, depending somewhat on the overall market and gold and silver prices. Another thing that is happening up there is more land is becoming accessible and drilling capable, due to receding ice.
MTB and TOU are some of the bigger land owner's in that area, and who know's what will happen. I kinda lean toward MTB as they have proven pounds in the ground and are JV on a lot of different plays that are moving into production. The management I don't like at all. DEC and MTB and other plays up there are all the same guys, on different companies boards, and I feel they are doing backroom deals. They all seem to use the same geo's as well.
This is the crazy thing. I spend literally hours and hours of DD, researching, reading, digging, exploring, and it doesn't pay off for me, when it comes to investing in the markets. It is the weirdest thing, because I have never experienced this before in my life. I feel like I can't succeed, no matter how hard I try. I must admit, I have not learned the technical end of trading and maybe that is what is killing me, I don't know. Anyways I am rambling on. Sometimes it feels good to let it all out. I am going to move on Monday and not let this one bother me too much, as I took my biggest hit last year and now at these amounts, well they are literally just peanuts.
Gook luck out there.
Ryan