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mappo

10/15/10 6:59 AM

#102040 RE: RandD #102039

RandD - Not just Gold Price.
Almost all metals (prices) are up quite alot recently.
There's a big shortage for some metals due to low prices
and low productions during the last 2 years or so.
Bought SWC around $3.00 when platinum price dropped alot due to GM's BK.
Now SWC is almost $18.00.
Patience pay off indeed.
Good luck to Longs.
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Spudskie

10/15/10 11:39 AM

#102067 RE: RandD #102039

Increase in gold price does not mean a thing until we get our KATG/BVIG shares. Posters can hype gold prices all they want, but KATX is still under a dime and I have yet to see KATG/BVIG shares in my account. And when we do get them (who knows when), at what price will they be trading at? In addition, we have to wait for Phase II at HC to get a better idea as to gold deposits there. I know we hit 12 out of 12 with gold at HC, but is the market impressed? I think some posters were just too optimistic (or deliberately pumping?) as to what we would find as far as amount of gold.

To be honest, I thought we would be higher than we are right now. I am still down more than 50% from my original investment. I am very frustrated and yes I am venting.