From Stephen:
Gary,
Just checking in to be sure, per you blog, that you're selling FRG. I bought
it per your rec at $2.14 or so. I'd hate to hit the sell button this morning
and read in this weekend's NFTRH that you decided to hold on for some
reason. Like, you're sure that Newmont will get bought out by Google next
week :)
And, hey, thanks for the tip. I calculate that the profits will pay for the
next 32 years of my subscription to NFTRH -- unless you astronomically raise
your rates in a hyper-inflationary scenario, in which case I'll be paying
via electronic gold grams, I guess.
Stephen
***
From Me:
Hi Stephen,
Well, I split the difference. I sold from the non taxable, exploration
heavy speculation account but could not bring myself to do so in the taxable
account. Also, a consideration is the spin out of Pilot Gold. There is
virtually no downside risk in holding. Especially if its [the account FRG is held in] taxable. In the
spec port, I want to free up funds for adding or increasing the next FRG.
So, it's your call. But I cannot think of compelling reasons to sell.
Ah yes, the hyperinflation angle! How does $260.00 per month sound?
$2600.00? :-)
Regards,
Gary
