Wheaton is one that's not optionable probably [? -dunno, but tend to think not], but it will bear watching over the longer term .... near term the biggest factor is that there's a whack of new paper out on it, it's just done a huge secondary [JW there has a point for sure] .... the common is in the US wht.amex, and the warrants are wht.ws.amex
The warrants i like a lot and intend to play them again, but they've got a ways to come down yet imho .... on Toronto they're wrm.wt, getting supported in the .50s so far but it won't last, mid-.40s possible in cdn soon imho ... this is vitally important to me as i've bet an entire beer on getting some at cdn.50 or better! -g- ... no panic, as there really are a lot of them around, and they're way out of the money .... if/when we do get a glorious gold bull in full swing, these people will crank their paper to the sky, they've done it before
I prefer the juniors, as it's a more direct thing, understandable, captivating as stories each one, if you like that sort of thing .... more lucrative and/or perilous as well, of course, not widows and orphans stuff for sure .... i never put into a single greenfield drilling play what i'll venture on a junior with known resources, seems like that only makes sense .... in the latter category, very much a development story, my largest position right now is split between aas.v and ngt.v, soon to be one company, Alamos Gold - investorshub.com |
