Tuesday, February 08, 2011 5:49:21 PM
I think it is important to differentiate the long and short mentality here. Neither is "wrong" or "better." Both will play out exactly how the truth lays out.
I'm long in spirit for a JVA and short on actual facts. Fact is, I got in at .019 long ago, sold a bunch at .05 or thereabouts. Now I'm back in for a little more but if it turns out to be a bunch of BS, I can't complain. I've made money and covered any losses. I would love to see the JVA signed and have it go up to $1.00, but I have to also pick my spots and know, as we all do, that this is a Pink Sheet stock about a Gold Mine in Chile.
I've done my version of DD and it tells me their statements are buried in attempted/necessary legalese and vagueness. Someone once told me JJ was the biggest exporter of fruits and vegetables in Chile. It all gets a bit crazy but it's a fun story nonetheless.
I'm in. Even if this mine doesn't exist they've convinced me that it could. And I hope it's full of more than unicorns and rainbows.
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