InvestorsHub Logo
icon url

al44

10/16/09 8:53 PM

#756 RE: lifter #755

Nothing wrong with making a few $$$. No such thing as a bad profit. Myself, I bought in on the momo a few days back planning to flip it for a few $$$ myself. After I bought in I researched the company and decided to hold what I bought and possibly add more. We are now getting weekly updates on the share structure. I'll be holding off until I see several weeks of stable numbers there. With miners I have no problem waiting. Depending on capital costs, infrastructure and host country regulations(and bribes) mines take from 4-10 years to come on line with the average being 7 years. Also many juniors with great finds end up being bought by a larger miner with the funds to actually develop the mines. So it's either daytrade, swingtrade, or stash the shares for the future. It's not just with VIPR, I do think this applies to all junior miners. JMHO of course. Good luck to all here.

............al