Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Wade who wrote (28862)	5/5/2011 4:40:01 PM
From: polarisnh	1 Recommendation Read Replies (2) of 48092

Wade, Bought back most of my SLW today at $35.00 which I sold around $45.00. I still have my core that I bought around $9.00. Took an initial position in ABX at $47.00 for the first time to add some diversity to my 401k. Took an initial position in MHR at $7.00 as I have been following it for a while and waiting for a bit of a pullback. I have stink bids sitting out there for more SLW at much lower prices. Also looking to buy back my CDE around $25.00 which I unloaded around $33.00 because I felt it got way ahead of itself. I may start to look at adding back to my HL position if they push it down to close that gap around $7.00. I sold the majority of my position around $10.70 as again I think it ran too far too fast. It never hurts to pull some money off the table, particularly since I held from $2.50. Looking to double my position in GROW at lower prices if they keep monkeying with this market. Also peeking around again at NGD and NAK which I had sold recently but no where near the highs unfortunately. Trying to decide if I want to buy back my SA which I sold at $34.50. I am trying to figure out what their chart is trying to say... I was 70% cash now down to 55%. Considering I was only 10% cash a few months ago that is a big change. I just didn't like the feel of the over exuberance lately as silver went straight up so I thought it might be a good idea to lighten up a little. We shall see if I am too early but I still have plenty of dry powder. Cheers, Steve

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