I really like that. I agree completely, 2 different styles. Like clever boxers we pick our fights carefully. Just because 98% pinks fail does not mean we are unable to spot the remaining 2. Ours is a far more passive style of investing and providing we choose correctly a very very profitable one. It is spotting a way undervalued stock, good, committed management, delicious fundamentals and more than anything, having nerve.
I am in for the gold aspect definately.. I know as do you, I assume, that the $ is coming to a spectacular end and that the BRIC nations will become the nx superpower. Each currency no longer backed by gold is only backed by promises, a fiat currency from politicians, enuff said. The Americans save no more than 1% of their income now as opposed to 25% in China. The only thing standing between $ and collapse is everybodies need to have it because of the petrodollar. Now though we see the Chinese cashing in their $$s ....FOR GOLD.. You, as they say in America, do the math!! Gold is a barometer for inflation, the more money printed the more gold gets valuable. The govt of America have allowed an UN-AUDITED Fed reserve, owned by EUROPEAN families, to print $$, to allow the populace it's style of living. And the same is happening here in England. Sorry, rant over :)
After the gold aspect I decided to listen to ol' LARRY on MN.1 radio, and I got to say I liked him. Now LOWTRADE has as much intertest in hearing LARRY rant about his co. as I do hearing him rant about his charts :) The point is many styles make up a board but only a few of them are consistent in profit. I know mine is and I think Im sure LOWTRADE's is. After I listened to LARRY I listened again and again. Then I got my girlfriend to listen. It sounds nuts but I THEN did some DD. It seems to me that if I can listen or see a CEO in action and I feel I trust him than naturally I want to check out the co. That is an edge in itself. EQBM was interesting because of the insurance background and possible links to Bankers, which is of much importance. I liked Larry's bold ideas at a time I knew was right. Lets face it..Gold and Black Gold. I know how valuable a mine can be ESPECIALLY if it is earning. You will know the Jnr mine sector like I do and know a PROMISING mine can be explosive in price. If Larry closes Dalian we have that explosion in my opinion. The commodity sector is attracting huge interest from huge funds everywhere. Gold price is completely manipulated IMO by the Fed Reserve and Central banks everywhere. CREDIT AGRICOLE has said that specifically in 2006, who are we to argue? If gold hits the $750 mark in early 2007 we already have forecasts for $1000 an ounce in 3 yrs or less.
So, back to the original point, yes LOWTRADE, you have a point, but you are also unware that a little intuition mixed with some knowledge of the larger picture, could make a maximum profit. The people on this board are incredible. The teamwork mixed with Larry's nous, maybe from those bankers, could really break the shorts here. WTF are they gonna do?? Ithink Larry is loving his holiday, loving the shorts squirming and loving the idea of closing Dalian so SOMA/EQBM can rise like a phoenix from these tawdry ashes we were placed in. I have nearly been frustrated enough to smash the laptop, but, I hung in. GLTA who put faith in this stock and all the old hands and heres to a wicked 2007. :)
AI
