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Re: None

Saturday, 05/26/2007 1:38:25 PM

Saturday, May 26, 2007 1:38:25 PM

Post# of 35738
Bobwins et al..
Would like your advice on a long term metals strategy....

I have re-read over and over the annuals for ADA, LBE and PAX and others and really like the long term and super long term prospects for Nickel and Zinc miners towards 2010 and out........I am worried about an overall correction in the S&P which will drag down riskier asset classes like our Jrs here.....but prices for ADA, LBE and some others have pulled back somewhat short term so it appears like now is a good opportunity to add to positions I have trimmed earlier....

I have had a large investment in LMGGF Lionore and took profits along the way...by the time the broader market realized the value my position was much smaller and I ended up selling on the first offer.....

my point is I am very conservative in taking profits after an initial large risky first investment....only to see the business work but not having the original size and scale to take full advantage....

I am sure you have dealt with the same in the mining boom we have seen so any suggestions are welcome for some of the longer growth zinc/nickel plays like ADA, LBE and PAX......

Thanks,
Art



****My uninformed opinion only...do your own due diligence****

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