Physical always interested me more than any kind of paper gold, including McAvity's cef.a, although that's been one of the better ones, especially when it's at narrow premium, or even a discount ... but it seems like if you're going to forgo the leverage in favour of solidity, you want the solid in your hand? ... i have very little physical, for novelty value really, mostly don Hugo's Libertades from Elektra ... two and a half bagger on them so far, bought most at 61-65 pesos and silver is in the 140-150 range now [coins trade at premium to spot, don't know exactly how much on the bid as i've never sold any, given a few away though, they make great gifts for certain people/events]
Leverage is what makes the game zippy though, and the best kind is in the juniors, where there's no expiry as in options and warrants
epm.to - thought about bidding for warrants today, backed off, got lots now, also thought there looked like more room for the common to sell down ... or not, as the case may be, we'll see ... same with wgi.to, now that it's swinging down, could it maybe retrace half its six-week move, that would make the bottom 2.60ish, and the 2.55 area looks like s/r going back to last summer
More interested in drillbit plays at the moment, they dance to their own rhythm ... quite tickled with scoring mlm.v .325s, would have paid more
uno.v - think there's a good chance that gap from the 17th could get closed, takes a print of .46 to do it, pretty decent buy once it's done that though, imho |
