One final thing before I crash for the night:
The next 12-18 months is the time frame we're looking at. That time frame takes in drilling in the winter of 2008 and the winter of 2009. Some serious data will available from TDEM (expensive) surveys, line cuts (more expensive), and drilling (very expensive) during that time frame. The Majors (e.g., XSTRATA, CVRD, BHP, Teck) will be watching with great interest. Who knows, maybe there will eventually be a bidding war.
During these 12-18 months, the BETA (price volatility) on the Ring of Fire stocks will be high. You will win if you are patient. If you have a low AVERAGE COST for your shares (below .20), you will make good money.
However, if you want to employee an EXIT PRICE strategy (to save your sanity) which brings you, e.g., " a five bagger", go for it. If you are a TRADER, and have a cast iron stomach, you probably will also make excellent money. And if you think out to 2009, and AVERAGE UP, you probably will make some very, very good coin.
Pick your stategy, and "stay the course."
Snug