The Rule Of Thirds For Good Gold Shares

Posted at 8:34 PM (CST) by & filed under General Editorial.

My Dear Friends,

I feel strongly that it is extremely unwise to sell any good gold company shares that have mineable ounces, low costs, cash in the bank, multiple 43-101s, and forward looking management.

The share prices of many good issues have been reduced to levels that are totally illogical and without reason other than baseless fear.

If you must sell, I firmly believe you will get a significantly higher price at which to sell assuming your holdings meets the criteria of "good" as above.

Remember from now on that you buy gold anything when the weekly chart looks like a fishing line, and you sell 1/3 when the weekly chart looks like a rhino horn. It is just that simple.

Respectfully,
Jim