Thanks for the reply SP.
Everyone needs to find their own way of doing this stuff for certain.
When I personally look for a place to park money, my most important criteria is to not lose any money. I have found that this was super important both when I first started out and also later on when I've had to protect what I've made. Therefore, plays like TAHO that have no record of positive earnings are ones that I would not touch as a long term play. Sure, they may indeed go up and I may trade them, but for me, I would not park money in them - just way too risky. The mining biz is risky enough to generally keep me away from parking there (of course not ALWAYS as I think NEM is a fine prospect at these levels to consider parking there, but they have a long and proven history and even provide a divy) but parking money in one this young, with a current mrkt cap well over 2billion that is already projecting some rosy earnings coming up of over $2 would just worry me to death. I see it is down over 4.5% today and these kind of swings are also something I try to stay away from when looking to park my money.
I realize we each have our own style and I wanted to share some of my style that would preclude me from a play like this. But, ya never know .... it could be a big winner :)
Best of luck bud!
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