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Gold/Mining/Energy : Copper Fox

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To: louel who wrote (10418)1/26/2017 9:55:41 AM
From: dsikorsk  Read Replies (1) of 10654
 
Ha,

I may have mentioned FF a while back but never ended up pulling the trigger. Extremely overweight in IVN right now (a position I accumulated over the course of 2014/2015) and so far the best financial decision I have ever made. Believe it or not it has completely erased my CUU losses and I'm even ahead of where I was in 2011 when CUU was over $2.5. That nightmare is but a distant memory now and I have Robert Friedland to thank for that.
Ended up trimming that position a tad this morning (~12% off the table just over $4) as the technicals seem overbought and I just have way too much money at risk. Of course the stock is now up again though lol. Still think this is a $10 stock and will likely let the rest ride for a while. Glad everyone is profiting from the fantastic run in the sector we've been having. Looking forward to the rest of the year.

Enjoy your time down in the sun Lou.

Cheers.
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