Club Mulgoa

Tuesday, August 02, 2011

Gold producers

http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=132668&sn=Detail&pid=92730

Mr Brent Cook has 25 years experience as XXXX, XXX, and XXXXX. Wow!!!!

You only need to go to primary school to work out what he said in the interview. My late father went to a school for only 2 years and he would have figured that out in his younger days.

I emphasize the word "producers"; not "explorers". But an impending producer will qualify as well. It is incredible how nice some idiotic investors are when basic arithmetic is THE only tool you need to work out the investment strategy. I buy from these people! You only need to hold the shares long enough for these sellers to be bought out.

You can only make cash profit if you sell something and you can only make big profit if you sell at a big margin when it comes to gold.

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