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

To: Theotokos who wrote (10600)	10/1/2019 2:18:13 AM
From: louel	Respond to of 10654

Age is just a number. I turned 80 in June and although one of my sons basically runs the company. I still do a lot of welding and help organize some things. My wife at 71 (A certified tax consultant) still oversees the account filings mostly teaching our daughter in law to assume the position. We sorta just keep tabs on what's happening as the younger generation seems not to be quite as frugal. Trying to be sure they are prepared for the coming economic melt down that is sure to happen. I'm not into the Bull work and I want the boy now in his forties to be well able to be in control of every aspect when were gone. I'm not into the bull work but being around the shop I can still keep an eye out for what I believe may be a hazardous financial move this late in the market cycle. I try to tell him expand and buy new stuff, at the start of a new uptrend not near the end. That is why Herb Doman lost his holdings to Western Forest. Bad move to late in the cycle. Sorta like buying stocks I suppose. Our company works mainly in the woods. from logging , land clearing, road building, Power line prep work like when they put in the line to Bruce jack. We also have some equipment on hand for fighting forest fires each summer. However this year it was dormant and with the sawmills down in BC a lot of the stuff never turned a wheel. With the property SEK has in the location it is. The extreme periodic volume looks like what they call Dark pool accumulation. They do it over months even a year or so. Hoarding shares. When no more is available at one price they up it 1/2 cent or so. or shake the tree 2 or three cents. Then let it subside again so as not to draw a great amount of attention. Sooner or later they start pushing it up. I'm averaged in at 3.5 cents. somewhere around 8 to 12 cents take my cost plus a bit back, then let their money ride It makes it a no loose situation. I find most Venture exploration stocks initially do a first roll over between 35 and 50. cents. Drop right back down consolidate (Trade sideways) or bounce around a year +- and rally again. Earlier short consolidations & rises are usually bear traps. Cheers.