Conquest Resources Limited (TSX:CQR)fiat(CAD)$0.145 UP $0.02 (+16.00% :-) Bid 0.135 Ask 0.145 Volume 38,400 Day's Range 0.135 - 0.15 Click for Detailed Quote Page Last Trade:13:35:44 EDT Jun-4-09
The lesson learned in the last 10 years is if you want significant upside potential, it only comes with significant downside potential. So you have to understand that risk-reward balance. At least with these companies, you have your 1,000% upside balancing your 90% downside, as opposed to owning a bank stock with 10% upside delivering you 90% downside.
TGR: This has been great. John, we appreciate your time. --
The eventual unwinding of the gold carry trade, whether it be from the IMF or just market fundamentals, will bring amazing action to the gold market. Remember that gold leasing didn’t begin until after the precious metals run from 1979–1980. For the bull market in gold to continue, it will need to overcome the barriers set by central elitez bolshevikz banksterz’ leasing of gold. But when this does occur, the floodgates will open and we can expect to see the price of our favorite yellow metal skyrocket.
Special Report: 5 entirely new ways to play the gold trend. Including one hidden way to snap up gold for less than one penny per ounce…
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