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Re: Argyll post# 366

Tuesday, 05/27/2008 3:32:52 PM

Tuesday, May 27, 2008 3:32:52 PM

Post# of 520
Too bad the market value of those shares is a lot less now that $210,000 and the success bonus shares may be close to worthless as well before and such bonuses are earned. Has anyone even bothered to check the stock charts for U.S. Gold, Sage Gold, et al lately? Just brutal! Gold is soaring but it seems like the share prices of most if not all of Diagnos' exchange-listed clients is are tumbling with no end in sight. To quote a recent article on U.S. Gold:

Over the past nine months, U.S. Gold shares (UXG) lost two-thirds of their value, even while gold itself flirted with over-$1000 prices. The problem? A toxic combination of mildly-disappointing exploration results and sky-high investor expectations. Shareholders apparently focused on CEO Rob McEwen’s past achievements and assumed a bonanza strike would be announced any day.

Unfortunately, mining doesn’t work that way. Like investing, it's a game of probabilities. Line up the best properties, management team, geological engineers, and roll up your sleeves. If you are lucky, you might find something that makes you rich beyond your wildest dreams. But success rarely happens overnight, and is never ensured.