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Originally Posted by suzuka84
some of you guys are looking at companies that do not have established mining guys running it, you guys buy in and hope the stock prices will go up then dump right away. My advice if you chose this model is to find stocks that are volatile so at the very least you have volume which will allow you to day-trade it.
There are a few companies in town that are set up solely to bankroll mining companies, taking them from prospecting and discovery all the way to selling off to a major or mine building.
The majority of the junior mining companies will do nothing so you must follow the people that have past successes - there are only a handful of people in Vancouver that can raise big money: the Seltzers, Guistras and Friedlands of the world. You will also find the private companies that take companies public doing all the legwork - hunter dickinson group would be one of the more famous local companies so check out its stable of miners . In mining past success is a good indication of future success so you're going to need management and board members that are operators. I personally stay away from boards stacked with CAs and legal people as it only shows one thing - adversity to risk.
I'm sure you guys follow the canucks - look at the owner, he sits on the board of Gold Wheaton.
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do your DD, have patience, dont be afraid to sell, diversify yourself, and only invest what u can afford