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Re: joseytheoutlawwales post# 30651

Thursday, 09/30/2010 10:55:23 AM

Thursday, September 30, 2010 10:55:23 AM

Post# of 173226
"its not trading, its investing"

What's investing? Buying shares in LBSR?

Not to sound like I'm bashing, or coming down hard on you in particular, but this IS NOT investing, it's speculating.

"Investment" is a low risk game.

I'm a speculator, and while that comes close to being a gambler, it can be much more of a study than just understanding the odds, say, in 5-card draw.

But no one should be looking at putting money into exploration-phase miners thinking that an investment. The risks are outrageous, and can only be tempered with superb DD, which many of us here believe we have.

But always remember, the bigger the potential reward, the bigger risk. Never risk more than you can afford to lose, especially in a speculative issue.

...apologies to those who know these things already (most here), but I do get the sense some need to hear such from time to time.

VP in AZ

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