Re: Silver's one obvious ability . . .
in response to
by
posted on
Feb 02, 2011 02:45PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
The point is Rook I trade the volitility! As do our 'friends' on Bay! My trades don't affect the price. The boys on Bay trade wider moves using all the tools "big money" offers affecting price and posting very generous profits! They also create the volitility allowing traders like myself to post consistant but smaller profits allowing us to maintain and add to our core position without losing any sleep.
My stink bid (which the market has hit on several occasions over the years very profitably) was hit again last week at $2.65. (Sold the same day at $3.04) This trade allowed one of the biggest single day profits on SAN I have realised in 500 trading days.
I'm willing to wait for the "huge" widths and "higher" grades to wind their way through the mill at which time my "faith" in SAN will be paid in spades!
Until then I will continue to trade the volitility.
RUF