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Re: watchergrow post# 4

Saturday, 09/29/2007 11:04:48 PM

Saturday, September 29, 2007 11:04:48 PM

Post# of 317
Quite frankly if you are "very long" in this than you must have seen something. This is a pure exploration play in the gold sector, about as speculative as it gets outside of the scam pink sheets. Gold and silver are the place to be and extreme speculation plays like this have their place, albeit a very small space in my diversified precious metals portfolio.

They profiled two properties in the US that have a lot of potential, but may just crap out like 99% of potential properties do when you talk in terms of becoming an area of actually producing at some time in the future.

But before property is management, and I liked what I saw. Not only in the presentation but in face to face. They seemed to me like true guys and that says it all. Management is always number one. Good management means to me that they chose good properties. From what I heard their AZ property had significant placer givings and has never been drilled. NEVER BEEN DRILLED. They are drilling, potentially very exciting. I ain't going to lie, I plan to sell half my position after a double to cover my initial investment. I believe that's a good rule to follow with any play really, but especially an exploration play like this. And when you can scale in at 5-7 cents that double can come pretty darn quick, which only adds to the potential.

I wouldn't be here in the first place if I didn't think they were capable of much more than just a double, but I feel it's just plain responsible to take profits when they come and ride "free shares" when you can.

This is a terrific opportunity to do just that.

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