Last Chance Sale - make your plan if you think Gold is still in a bull

Discussion in 'Stocks & Derivatives' started by SilverSanchez, Apr 10, 2012.

  1. SilverSanchez

    SilverSanchez Active Member

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    Update - Got Crusader for 80c
    Got GoldRoad for 26c with some more if it gets below 0.235

    Still waiting for SLR and NCM

    EVN i dont think will get as low as i think - but willing to wait and see
    KCN looks steady
    MRP could pull back from here

    I should go back and look at Kingsrose and few other miners see if they are compelling value (not according to the skaffold system) :)
     
  2. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    SS,
    I think your wish on NCM may come true ;)
     
  3. SilverSanchez

    SilverSanchez Active Member

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    well here's hoping, I noticed the downgrade - I love downgrades

    under promise over deliver
     
  4. SilverSanchez

    SilverSanchez Active Member

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    Got it ;)

    NCM may have a rally soon to fill the gaps.

    I'm very happy

    My only concern is sovereign risk in South East Asia
     
  5. SilverSanchez

    SilverSanchez Active Member

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    GOR is doing what I thought it would - filling the gap in the chart 29-30th Oct 2010 - the gap between 0.235 and 0.260 - when it broke under 30c that was my target

    I purchased at 26c - have some more in @ .205 (might be wishful thinking)
     
  6. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    any thoughts on poseidon nickel ltd? Andrew Forrest backing up that company.
    I wonder if he will repeat his legendary FMG story on this nickel company.
    understood that nickel price has been unloved.
    I am thinking to join the crowd when the SP hits 10cents.
     
  7. SilverSanchez

    SilverSanchez Active Member

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    I don't like FMG, don't know about nickel either. Cant say
     
  8. SilverSanchez

    SilverSanchez Active Member

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    Man its so hard to keep your stomach when your accumulating in a down trend....

    It really is hard
     
  9. hawkeye

    hawkeye New Member Silver Stacker

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    I just can't believe how low they've gone. It would be really nice to be buying mostly here instead of last year. Just hanging on now and trying to keep the faith. I'm starting to understand how nearly everyone can get thrown off the bull before it roars back to life.
     
  10. Prior

    Prior Member Silver Stacker

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    Keep your emotions in check,

    Or the sharks will eat you up.
     
  11. SilverSanchez

    SilverSanchez Active Member

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    You gotta have guts and stick it out while all the sellers sell down, once they are done and you only have true bulls (not speculators), it forms a strong base...

    I mean just look at physical buying when the prices go down on Au and Ag - those buyers buy to hold. Its not easy or a quick thing to sell physical - thats why you can bank on the fundamentals underpinning the stocks that are getting hammered.

    I really enjoyed the interview Jim Puplava did with Rick Rule on Financial Sense NewsHour yesterday - awesomely encouraging, also made me werey of one or to that Im holding.

    http://www.netcastdaily.com/broadcast/fsn2012-0425-1.mp3
     
  12. SilverSanchez

    SilverSanchez Active Member

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    Got my Silverlake order filled
    Got my GoldRoad order filled
    Got my Crusader order filled (well after i upgraded it to 80c from 70)
    Got my Newcrest order filled

    Still waiting for
    Evolution Mining to dip down
     
  13. SilverSanchez

    SilverSanchez Active Member

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    I must admit im worried about how the news of whether the diesel subsidy gets cancelled or not will effect Silverlake and Evolution and the other producers who are predominantly operating in Australia...

    Resource Stocks are hard enough - this environment makes it nearly impossible

    And Scaffold cant help you ;)

    I really wanna send out my heartfelt empathy to Ramelius holders - sorry must be tough
     
  14. LovingtheSilver

    LovingtheSilver Active Member Silver Stacker

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    I wish i can buy some shares that go like SYR has done since november last year... always easy to look back on good performers though.
     
  15. SilverSanchez

    SilverSanchez Active Member

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    I had a 50/50 and picked AXE over SYR

    I still believe AXE is a better company and I dont regret my choice, although I lament not putting some in both.
     

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