Re: Well, I don't know, but Misty
in response to
by
posted on
Mar 06, 2008 02:44PM
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Although Tyhee hasn't had that incredible grand slam drill result we are all looking for, I become more convinced that they will find something big with almost every week. They keep finding gold in all of these different places. It doesn't have to be at Big Sky. If they get 70 meters of something good at Clan Lake or Goodwin Lake or the Teapot Zone, I'll be delighted. I just can't see Tyhee going back down in price with so many really good pokers in the fire. They've got twice as much going on as a lot of other juniors.
The volatility doesn't even bother me any more. Kind of sad, but I've become so used to it. 260 points down was a big deal this time last year. Now it's just another day at the office. What I find the funniest is that the junior market is supposed to be the most volatile. But once the liquidity left the junior market back in January, It's like it has had nothing left to lose. It's been less volatile than the large caps. I've made some money on juniors since January, but I don't think I've lost a cent.
I'm not sweating anything. In the junior market, worst case is just going back to January prices. And best case scenario is skyrocketing overnight.
MR