currently was made last year and still shocks me.
Novagold. It is now at 50cents and falling.
Still, their properties are golden, but their financial stewardship has been horrendous, to say the least. This was a company that made it imperative to read the financial statements. An article in Barrons even mentioned how it was trading below book value. Currently, I look at CDE and think that if this is to rally, the numbers better add up. And again reinforces the concept of diversification in speculative activities in one sector of the economy.
Also, though I did mention how it is wildly speculative, is Northern Sun Explorations. It is now at 1cent a share. I bought it at .70, .50, .20, .25, .14
So the moral is homework, homework, homework.
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