September 05, 2008 03:22 pm
Thanks for the invitation. I think its a pretty dangerous time to hold anything right now, and am personally mostly in cash and looking for rallies to sell out remaining positions, as I think that the severity of this correction will require some sideways trading for a while before we get anything like a stable uptrend again. That said, Entree Gold caught my eye yesterday, purely based on the chart, haven't looked in any detail into the company yet. Interested if anybody else has followed it and can provide some additional info.
A few others that I like from a project/value perspective are
Navasota Resources (NAV.V)
Largo Resources (LGO.V)
Premier Gold Mines (PG.T)
Questerre Energy (QEC.T)
5N Plus (VNP.T)
Hathor Resources (HAT.V)
Transatlantic Petroleum (TNP.T)
Interested in any opinions others have of the above list.
Again, though, I don't see any rush to buy anything right now, as I personally think that in the short-term there's more downside risk ahead and I'd rather hold cash and buy a more stable uptrend than try to pick an absolute bottom.
Regards and good luck