Replies to post #166 on AS IRON SHARPENS IRON

[eelfland]

One guy who thought he was following good advice in buying a gold stock in order to keep some of his assets in gold bought into a penny stock that just "said" they were a gold mining company. Big difference. You can imagine what happened.

My bet: the price of zinc will do better than your stock. Let's give it a year or so and see.

[eelfland]

There are certain expenses involved in owning zinc, or any other commodity. However, they are not nearly so large as the expenses incurred by a corporation mining zinc (or producing any other commodity) at a loss. Just watch. Even if this trade doesn't work out for you, you will have learned something, and knowledge is worth something. Plus, you might get lucky. I hope so, but if you do, don't let a stroke of luck cloud your vision.




A good bottom's hard to beat.

e