Update Gold, Lithium

Discussion in 'Stocks & Derivatives' started by VRS, Nov 6, 2017.

  1. VRS

    VRS Well-Known Member Silver Stacker

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    Had a few changes since last post - out of BGS for now in preference for AVZ - here's where I'm up to:

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    Latin Res options (LRSOB) is 0.001/0.002 hence why it's -50% but for a $4k stake - volume is chomping thru 0.002. BDI options likewise small stake, so today when it hit 0.003 briefly each 0.001 is worth about $1,900 on 2M holding - it'll come good by Friday. AUZ has lots to go on a 3 mth view. Target on BDI is 4c around third week December. QNL suspended, only $1k stake. I'm sold on the Wits2.0 Pilbara conglomerate gold story - DEG options & ARV heads - really wanted to load up on SEG and EYCMOC but possibly limited upside there. AVZ Manono lithium is going to be taken out by China (CATL I think), GMC options great story about to start direct sales - good gains to be had there imo. DYOR.
     
    Last edited: Nov 6, 2017
  2. VRS

    VRS Well-Known Member Silver Stacker

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    Another rejig today - sold 25k shs AVZ AND 250,000 GMCO then rolled $4k into BPG at 0.005, sold at 0.008, retaining half BPG - bought RMI, CLYO, RMXOH & ADNOA with what was left, less a grand for my troubles.

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  3. heartastack

    heartastack Well-Known Member Silver Stacker

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    Sentiment on GMC heads?
     
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  4. VRS

    VRS Well-Known Member Silver Stacker

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    I rate GMC - they're waiting for confirmation of direct ship/sales now - that'll kick the sp up
     
  5. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    You should add RLC.AX, lithium hopeful to that list VRS they ran 130% in one day not long ago
     
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  6. VRS

    VRS Well-Known Member Silver Stacker

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    Yep - been watching Reedy Lake for a month and felt it was going to grow legs before it took off last week - just didn't have funds spare...
     
  7. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    What you think on BDI and MLS?
     
  8. VRS

    VRS Well-Known Member Silver Stacker

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    I'm in BDI for the cobalt - that wall at 0.003 is coming down slowly - patience here. I was in MLSO but sold up as nothing seemed to be happening.
     
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  9. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    Yes that 3 is huge wall to overcome
     

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