Gold Exploration in West Africa

[FL]

caliche: "lol .. why brave man...it has been one of my best performers to date and there have been no surprises except for the 100K mgn call back in may .. still kicking myself i had no stink bids..
should i not be sleeping well?"

MARGIN? That alone makes you braver than I am. If I'd bought my West African golds on margin, I'd probably have been wiped out by the swings and downdrafts. I might not still have my beloved Birim Goldfields (BGI.TO) which dropped 50% some years ago, though I'm still ahead, or my Searchgold (RSG.V) which is down almost 50% from when I bought it recently at C$0.19. If you "never meet a margin call" then that imposes some cut-your-losses discipline, but, to me, West Aftican golds are too volatile for that.

Some people are smart and know when stocks are going up. I'm not, so I'm disinclined to "double up" -- especially when a 50% dip is a normal event on the way to the top.

FL