Considering todays sell off in gold. our SP was very stable. Volume very light.
This indicates to me, no one is ready to dump just because the market is negative.
So what to do ?....... Well, as I've indicated before, put in some 'stink bids'.
You may never get filled. So what ?, it didn't cost you anything. If you did get filled it gives you the choice, either unload when the price pops up, or reduce your cost base. Either way you're building your equity.
I know some of us have been in this since the .50 cent era, but today is different. If you've done your DD you know why.
The share price will go up and it will go down. So what to do..........check the intra day trading on the TSX and put in your low balls.
I guess I have to say this, If you don't like this company, don't buy into it regardless of what you may read here. Your decision. I'm fairly heavily invested (by my standards) and will be somewhat P'd if it doesn't perform.
This was one of my few holdings that didn't take a hammering today
Guess I'm going to sit in the corner with my Cat-Nip now.