Thursday, October 14, 2010 9:21:32 PM
I have no problem with today's filing- I would do the same thing if it was my company and I had worked for years trying to build wealth.
As commodity prices rise and the dollar falls, most seasoned (ones with a proven track record of investment success) analysts have talked about owning anything related to gold, silver, copper and other essential commodities. In fact, I have followed some who say to own the junior miners as a great play to take advantage of the long term opportunities that exist.
Briscoe deserves every penny he can make if this company does well and I appreciate the fact that his wealth is directly tied into PPS.
I will go out on a limb and say that his joint venture negotiations will be completed this quarter. And for those wanting immediate news or have a day-trade approach, go hit the roulette wheel. For buy and hold investors, this play is speculative but offers great potential. I like my long position and have been adding at these way oversold levels.
How many of you bought stocks around March of 2009 (Dow 6600)? Buy when others are fraught with fear.
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