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Re: xjag post# 4200

Friday, 02/22/2013 8:19:15 PM

Friday, February 22, 2013 8:19:15 PM

Post# of 4293
True, true. I did my DD on GBG. GBG looked quite promising a year ago. Trading in the $2 range, two mining concessions in the best of neighborhoods; NV Carlin Trend and Witwatersrand SA. Only new mine in Witwatersrand district since the 1970s...in operation since 2010. So they had a revenue stream, and huge reserve estimates in gold. Then the CEO resigns under duress, company goes into bankruptcy, trading halted, NYSE delisted in the blink of an eye. 20K shares at a $1.34 basis is about a $25K hit to my IRA. This is why I haven't been enthusiastically posting on Muaythai's Miners. Screw paper investments xjag! Considering liquidating other stock investments, cashing out my IRA early (take the penalty, pay income taxes, and going on a stacking binge. Thoughts? S~P

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