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Strategies & Market Trends : Winter in the Great White North

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To: marcos who wrote (8037)4/26/2016 3:36:28 PM
From: teevee   of 8273
 
marcos,

re NXE/WAF/SKE.....I continue to hold NXE for takeout and I hold lots and lots and lots of it; lightened up on WAF at $.18-$.19 and am flat on SKE. I will be passing up on all pure gold stocks this go 'round. Even the larger high grade gold mines really aren't that big a deal. .....lots of initial excitement over BC's golden Triangle again with juniors like CXO etc.....lots of very high grade smoke and historical results which may lead to lots of financings coming soon and will be needed as Golden Triangle an expensive place to explore and operate and if I recall correctly from last go 'round in the '80's, issues with continuity and extent of mineralization.

I will be sticking to the odd shot at "tier 1" and/or high grade giant deposits only. Only deposit with gold I like is large-giant high grade porphyry Cu-Au deposits. It is still quite speculative, but CDB worth keeping an eye on as they may have one-will take a 1500m hole or two to know if CDB off to the races.

Another I like is NRN. Their prospects are still conceptual to a large degree, but a legit moon shot at something that could be 10 x or larger than Voisey's Bay.

Getting ready for fishing season on wet coast, chinooks, dungeness crabs and prawns.....mouth watering thinking about a dungeness crab and avacado omelete for breakfast, spotted prawns for lunch and barbecued chinook for supper:-)
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