URA and GTE

When URA spun off GTE, the latter dwindled down to almost nothing. But if you had the crystal ball at that time, you would have bought every single share in GTE you can lay your hand on.

So far most of GTE's rise has been speculative. Sometime soon, I will have to cash in some shares as it has risen so much since I first bought into it.

And who would have predicted that the parent company would fizzled to almost nothing while the baby bloomed! There is nothing brilliant about my investment in GTE; a large chunk is luck. However, the later parcels were bought because idiots were selling them off when preliminary surveys suggest very good chance of mineral hits.