Hi Dean:
I've been following the GPM thread for a year now and don't post too much, but I am happy to have found your thread although I find it a little limiting, but at least we can talk about individual stocks unlike GPM. Presently I'm holding FN, ABX, HEM, PDG with the idea that if POG does rise, the seniors will head up first although not with the same % increases as the Jr.'s which will follow. Down a level I also have K (priced like a junior but really isn't), GSC, ECO, AZS, & GBU. I've also been in & out of TVX in the last couple of months through the delisting, bondholders problems and now the Greek thing, but I religiously use stops and am willing to take that first loss fast. Until the $US declines and things start up for gold stocks I like the liquidity these stocks have provided.
On your list I have owned in the past (pre-Bre-X) VIA, BAY, and although it is oil ESX. I know what the waiting is like for you and Allan with your Zappa. I had accumulated 8K shares of AZS at .80 avg and when POG went from about 375 to 425 during the Bre-X runup sold half for 8.00 and the other half for 12.00. Didn't even care that it went to almost 16.00. Anyway I just wanted to let you know that I'll be checking in from time to time as I look for candidates to rotate into when the time comes. Next on my radar screen will be those on the TSE like GBU which will pop over the $3.00 price so they can be margined. Only a good play if you're disciplined with your stops. Hope you find more candidates and I'll be doing some DD especially on your top four on this list. I replied to this post instead of a more recent one to ask that you update the list with the new candidates that you've added.
Regards
Bob |
