|
Post by Foggy on Jan 29, 2018 17:49:26 GMT -6
^. timing is everything on these stocks. Agreed a new start-up mining company is a big risk......but it sure looks like PolyMet is gonna get the green light......and when they do they will have some earnings - possibly Juuuge earnings. With Trump in power......these kinda stocks could (finally). run. This mine at Hoyt Lakes is likely the best planned mine in the history of this state.
I think its funny......how the liberals are all for battery powered cars and gadgets.....but when you need some cobalt or lithium for batteries to power this stuff......it's all "HANDS OFF" my land. grin. FORE!
|
|
|
Post by MoBuckChaser on Jan 29, 2018 17:52:13 GMT -6
^. timing is everything on these stocks. Agreed a new start-up mining company is a big risk......but it sure looks like PolyMet is gonna get the green light......and when they do they will have some earnings - possibly Juuuge earnings. With Trump in power......these kinda stocks could (finally). run. This mine at Hoyt Lakes is likely the best planned mine in the history of this state. I think its funny......how the liberals are all for battery powered cars and gadgets.....but when you need some cobalt or lithium for batteries to power this stuff......it's all "HANDS OFF" my land. grin. FORE! You really want to take risks at your age? I would do it at 30 years old, not 70 if it were me.
|
|
|
Post by Catscratch on Jan 29, 2018 18:08:48 GMT -6
Foggy's a risk taker plain and simple. Look at what we know about him... started his own business in the basement with no guarantee of success, moves to OZ for months out of the yr and gambles on golf, plays stocks that have no history of success, strikes arguments with Mo, etc. Yep this guy lives life on the edge where risk is the spice of life.
Liberals think batteries don't need environmentally hazardous materials in their construction, charge themselves for free, and are environmentally friendly when trashed. Lots of "ideas" and no "thinking".
|
|
|
Post by sd51555 on Jan 29, 2018 18:48:31 GMT -6
Foggy, you should help me chase the short sellers out of Duluth Trading: DLTH
|
|
|
Post by Foggy on Jan 29, 2018 19:02:45 GMT -6
Foggy's a risk taker plain and simple. Look at what we know about him... started his own business in the basement with no guarantee of success, moves to OZ for months out of the yr and gambles on golf, plays stocks that have no history of success, strikes arguments with Mo, etc. Yep this guy lives life on the edge where risk is the spice of life. Liberals think batteries don't need environmentally hazardous materials in their construction, charge themselves for free, and are environmentally friendly when trashed. Lots of "ideas" and no "thinking". Truth be told.....you dont know how accurate your assessment of me is. I've had 12 careers in my life. Some didn't work out because of economic times, political situations, or gas shortages, etc.....others I was not prepared for......and some bosses just pissed me off.....and I quit and moved on with MY life. . gRin. I quit a job selling aluminum for a mill that paid me a super wage, car, expenses, and so much more......to do a start-up biz out of my basement. .....risky? Hell yes......and also quite rewarding. That's the thing.....balancing risk with reward. There were a number of times I wondered what the hell I was doing in this biz.....and wanted to go back to the old life. That's when I remembered the story about Cortez......to keep his crew from going back to the old world......HE BURNED HIS BOATS. . Gotta say tho.....Even with my high risk business start up......I always protected my home and my retirement assets from those that would have taken 'em if they had the chance. Banks and competitors would have taken my nest egg if they had the chance. I never pledged those assets in a loan.....and did my best to keep those risks off the table. IF I WERE TO BUY THIS mining stock today.....it would be with money I can afford to lose. Not much different than going to the casino with some mad money. Damn sure would not put BIG money at risk on some of these "flyers".....but a little money might make a big reward. FORE!
|
|
|
Post by MoBuckChaser on Jan 29, 2018 20:00:01 GMT -6
Foggy's a risk taker plain and simple. Look at what we know about him... started his own business in the basement with no guarantee of success, moves to OZ for months out of the yr and gambles on golf, plays stocks that have no history of success, strikes arguments with Mo, etc. Yep this guy lives life on the edge where risk is the spice of life. Liberals think batteries don't need environmentally hazardous materials in their construction, charge themselves for free, and are environmentally friendly when trashed. Lots of "ideas" and no "thinking". Truth be told.....you dont know how accurate your assessment of me is. I've had 12 careers in my life. Some didn't work out because of economic times, political situations, or gas shortages, etc.....others I was not prepared for......and some bosses just pissed me off.....and I quit and moved on with MY life. . gRin. I quit a job selling aluminum for a mill that paid me a super wage, car, expenses, and so much more......to do a start-up biz out of my basement. .....risky? Hell yes......and also quite rewarding. That's the thing.....balancing risk with reward. There were a number of times I wondered what the hell I was doing in this biz.....and wanted to go back to the old life. That's when I remembered the story about Cortez......to keep his crew from going back to the old world......HE BURNED HIS BOATS. . Gotta say tho.....Even with my high risk business start up......I always protected my home and my retirement assets from those that would have taken 'em if they had the chance. Banks and competitors would have taken my nest egg if they had the chance. I never pledged those assets in a loan.....and did my best to keep those risks off the table. IF I WERE TO BUY THIS mining stock today.....it would be with money I can afford to lose. Not much different than going to the casino with some mad money. Damn sure would not put BIG money at risk on some of these "flyers".....but a little money might make a big reward. FORE! Its totally different than going to the casino. The outcome of losing is instant. Fucking junk stocks may lead you on for years.! Put it on red Foggy and let it it spin!
|
|
|
Post by Catscratch on Jan 29, 2018 20:00:25 GMT -6
Foggy, I spoke off the cuff a little but was dead serious about my assessment of you. You seem to be a well thought out man who likes to take risks... but not catastrophic risks. Failure seems to be an acceptable option.
|
|
|
Post by Foggy on Jan 29, 2018 20:06:56 GMT -6
Foggy, I spoke off the cuff a little but was dead serious about my assessment of you. You seem to be a well thought out man who likes to take risks... but not catastrophic risks. Failure seems to be an acceptable option. There is nothing inheerly wrong with risk....you just gotta understand the chances of losing or winning. Short term risk for long term gain can be a good thing. Likely like most of you guys......I always have an exit strategy. . Sometimes losing hurts an awful lot....and can take some time to recover. ( Slip out the back Jack.....make a new plan Sam.....no need to be coy Roy..... ).
|
|
|
Post by Foggy on Jan 29, 2018 20:22:10 GMT -6
^. timing is everything on these stocks. Agreed a new start-up mining company is a big risk......but it sure looks like PolyMet is gonna get the green light......and when they do they will have some earnings - possibly Juuuge earnings. With Trump in power......these kinda stocks could (finally). run. This mine at Hoyt Lakes is likely the best planned mine in the history of this state. I think its funny......how the liberals are all for battery powered cars and gadgets.....but when you need some cobalt or lithium for batteries to power this stuff......it's all "HANDS OFF" my land. grin. FORE! You really want to take risks at your age? I would do it at 30 years old, not 70 if it were me. You sound kinda like my financial planner. "Why would you put any money at risk....when you dont need to?" Duh.....because your way is a bit boring and too predictable to me. . Not saying huge risks on high risk stuff is a great plan.....but it might add some spice to your life? Riding an old plow-horse will get you there....but it isn't much fun. FORE!
|
|
|
Post by Bwoods11 on Jan 29, 2018 20:25:37 GMT -6
Hell why not?
I gambled on a near bankrupt Sirius XM stock... it was like a .25 cents
It's $6 now and I kept all my shares
|
|
|
Post by Foggy on Jan 29, 2018 20:42:42 GMT -6
Hell why not? I gambled on a near bankrupt Sirius XM stock... it was like a .25 cents It's $6 now and I kept all my shares Dont tell MO! My step father bought 12,000 in stock of a little known company called Biomedicus back in the 80's. It served him and my mother with enough money to retire.....give to various family and philolanthric needs.....and still have a big estate when he passed. Smart move.....but lots of worry along the way.....as the stock became MEDTRONIC. My sister still holds some shares that were gifted to her. He likely got over $3,000,000 off a $12,000 investment. Yep....he bought some losers too.....but nothing compared to his winner. It happens folks. Keep Pitching! FORE!
|
|
|
Post by sd51555 on Jan 29, 2018 20:53:28 GMT -6
Now that all the disclaimers are outta the way...
If you have a reason, go for it! I've bought all kinds of shit cause I had good reason. Some flopped, and some were legendary moves. Too bad I was prudent and limited my exposure. I can't say I timed anything. I just saw a good thing I thought was undervalued and started building a position. I've been early, I've been painfully early, and I've been late.
|
|
|
Post by sd51555 on Jan 29, 2018 20:59:00 GMT -6
And right now, anyone with a fist full of darts is a genius. I know I'm not this good, which is why I'm waiting for this thing to unravel. I just have no idea what's going to kick it off.
|
|
|
Post by Bwoods11 on Jan 29, 2018 21:52:11 GMT -6
One of my only regrets is not just buying some stable Giants like 3M, seem the price lately. Simple, easy, and nice dividend to boot.
|
|
|
Post by MoBuckChaser on Jan 30, 2018 7:08:23 GMT -6
I have no regrets about not buying a bunch of different stocks in the markets. Because if we are buying thinking a stock is going up, that means someone else is selling thinking it’s going down. I know my chances at gambling with a 50/50 outcome, I will be wrong 90% of the time. If you guys are good at stock market gambling, go for it. I know I can’t win.
|
|