Right now and for the last 5 months, i've been doing some bargain hunting for junior mining companies with significant resource and exploration upside.
I've missed BCM (the initial run), VIA and SEA although they were on my radar...
Had a good feeling about RGL at 23$, I like the concept of this company. Yes i have feelings too :-)) .
Made a decent profit trading ANO, CLG, NSU, NG, LSG, LRR and CKG using technical analysis cues, reading you guys (and girls), and of course reading CC, and also Chan, and Lundin, and a few other technicians... I'm now long LRR and CKG.
I take my profit everytime i reach 20% profit on a stock
I like very much WLF, POM, PMI and VGZ...
Got burned with CGE and NW... :-) But nothing compared to the techbubble in 1999...
TK is my last pure drill play for now...
For 2006, i will try, to take 20% of my pf and buy the metal itself. And with my profit (if profit from junior mining there is) continue to buy gold. This ain't just a bull market... that we're in, i'm REALLY worried about the planetary economy and the spectre of deflation!
If reassured in 2006, might diversify a bit into energy, but hey, i like glitter... better!
That's pretty much my thing right now...
Glad you asked... I'm still a learner... You'll be happy to learn that as of today i regain every penny lost in the techbubble and april 2004 correction in PM... Voilà!
Lester |
