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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: pogbull who wrote (30858)9/17/2004 3:27:54 PM
From: Eva  Read Replies (1) | Respond to of 39344
 
NG, not sure, the bid and ask are still favorable, I hate to sell a winner!
On the other hand I sold half of my Kinross now, it just has not performed lately



To: pogbull who wrote (30858)9/17/2004 4:00:20 PM
From: jimsioi  Read Replies (2) | Respond to of 39344
 
I was moved to sell 15% of my WTZ and NG

Thinking is that today is index inclusion day so we should have had the best of that items immediate effect....Gold and silver are really pretty lackluster, here, and should be for a day or two next week going into the FOMC meeting...then if the dollar weakness comes in perhaps we'll get another leg...Wouldn't be surprised to see some rotation but I'm not quite sure to what...

GRZ has no buyers today and 3000 shares at the bid seem to be chasing it down...

Overall, however, I've found sitting with the winners is the best policy...for me....It's harder than it seems it should be to put on shares you've sold...even if you've done so at a good price....as often as not I end up replacing with fewer shares higher....Only have about half of my maximum PM allocation currently....awaiting momentum to look like its going to come in and some key points on Gold to get surpassed...



To: pogbull who wrote (30858)9/17/2004 4:09:37 PM
From: seventh_son  Respond to of 39344
 
Show off :-) I wish I had waited a bit longer with my sales. Now I just hope it goes back down a bit. In the meantime, there are some "cheap" stocks to pick up with my free cash. Southern Platinum (SPC.TO) looks like it may have had the last bit of crap beaten out of it in the last week, I am hoping because of angry London exchange followers dumping it now that it is not listed in London, and not some other reason I've missed. Hopefully something like what happened to Gabriel will happen to it soon, with a big mining player recognizing undervaluation and buying in.