Ann: Access points located at Gubong Gold Mine, South Korea, page-31

Just curious about every one's holding in SAU as a percentage value wise out of their miners total PF value . I am invested in SAU at 3 .50 percent of total miners PF value , I always consider any individual holding over 4 - 5 percent of total PF value as risky. Any thoughts ? Kindly do not dismiss this post lightly , we can never predict which of our high conviction bets can go wrong.We have seen enough shipwrecks in ASX.

Recently I came to know of a guy who bet his shirt on Primero Mining and lost his investment almost fully.It was pathetic to see him blaming himself as a bad father and husband.

So this post is in interest of every one please.

I personally think we must hold atleast thirty plus miners with no scrip more than 4 -5 percent of total PF value. I know it looks funny, but this way we never lose our shirts and also possibility of catching a few multibags increases exponentially when we hold that many scrips . Focused bets look good on paper but unless you are an co insider , quite a few times it backfires.