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Gold/Mining/Energy : Copper Fox -- Ignore unavailable to you. Want to Upgrade?


To: xwolf who wrote (10277)7/14/2016 5:51:27 PM
From: louel  Read Replies (1) | Respond to of 10654
 
That's a pretty good article from a buy and hold point of view. And most investors fall in that category. From a traders stand point you buy and sell whatever is hot at the time without regard for what the commodity is.
The trouble is most don't sell when they have a profit. Yesterday I sold TV at 71 cents Today it broke up into a new trading range. I suppose one could say I left 10 cents or so on the table. But I secured a profit of $2500 profit on 11k I held. So I'm not disappointed. What you leave on the table is not really important, The amount you can take off of it is.

I suggested a look at GOM the last week in May when I picked up 50k 8 cents. It pulled back the last few days when they announced the offering so I took on another 10K at .17
With the newly acquired fully operational mill complete with it's mineral tenures, added to their holdings, They are trying for commercial production by the end of the year. I think there should be more upside yet.