Rick Ackerman of Rick's Picks came out with an article this morning entitled "Two Huge No-No's for Gold Investors." While he was speaking about the entire bull market as opposed to a single stock, I think much of what he says can apply to a particular gold stock one might be invested in such as Gold Bullion Development Corp. Below is a quote from the article:
"Trying to play top-caller, going 100% into cash before a “reaction,” then attempting to get “all-in” again before prices blast off, is a sure-fire way to get knocked off the precious metals bull, landing on one’s back, and most likely staying there for the duration."
The entire article can be found here on Rick's web site:
http://www.rickackerman.com/2011/02/two-huge-no-nos-for-gold-investors/#more-30542
As investors, we never know when news is going to come out from GBB or what that news might be. I for one always keep a core position and never try to get too fancy.