Fremont Gold / Chartsmaster
Sir CM,
What’s up with Fremont Gold? Falling even more today, and @ 1.4 million, double of the spike in daily volume you mentioned in a post some time back
Thanks in advance
GL
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POSTING INFORMATION
Sir GL. This has been the worst performing of all the ten. A couple weeks back the company reported they got initial drilling results. Although the company put a positive spin on the news the info they gave out was underwhelming to say the least. The market agrees as the stock has drifted lower. When it comes to these rocks you need to diversify as much as possible. Spread the capital and don’t add to losing positions. I haven’t completely given up but I won’t be adding to this one. If six or seven or eight out of the ten do well you will make out fine.
Yes, Sir CM.
Of course … I’m borderline over-diversified in my juniors right now !!! LOL !!! In my experience, 30% of the rocks becoming multi-baggers helps me sleep peacefully at night. For the underperformers, I give it time to exit them partially, in multiple steps, at small profits.
Cases in point in the past two weeks: SVBL, CANWF
Thanks,
GL