Welcome To the Maudore Minerals Ltd HUB On AGORACOM

Maudore Minerals Ltd. (TSX-V: MAO) owns 100% of the Comtois Gold Project and is focused on developing this resource.

Free
Message: 43-401 late Q1 2010

Good assessment and trading idea - I haven't really traded this way before - but these two companies seem to provide that opportunity, where there is a solid company, share price support and good volatility.

I managed to buy some more MAO recently at 4.20 (should have bought below 4 a few weeks back). And likewise I increased my SGR holding at around 3.35. I imagine my trading 'sales' will take place after a few weeks rather than days, although 10% up on the SGR is fine. What percentage swings are you looking for?

Whilst I have more invested in SGR (up c200%), MAO has outperformed over the same period (up c300%), so perhaps I could have allocated better.

Of course I don't know, but I kind of think there will likely be a gold blow-off in the next few months - if gold gets 30% or so above its 50 day moving average, I think I will go beyond trading and significantly reduce my core holdings of gold bullion and shares for a while.

Share
New Message
Please login to post a reply