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Message: Some Key Trades

Re: Some Key Trades

posted on Sep 12, 2008 04:58AM

I'm with Slugbait on this issue. Goodman is like a two edged sword. Be careful how you handle his involvement.

I sold my trading shares at 2.00-2.05. Missed the run up to 2.25 but I was happy with my profits. I thought I would be buying back in at the 1.70 range or possibly a little lower. Then the price kept falling because of all the shenigans going on with the price of gold. Now I am reloading at the 1.00 to 1.10 range. Am I too early? Possibly but I am happy to get the shares at this price. The price f gold has fallen quite a bit from it's highs (although there is no way of knowing if it will go lower), gold demand is very good, and San should be out with a revised 43-101 in a month or two. Production from the Hinge zone should start in two qtrs or so. Life is good!

See you at much higher levels.





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