"Stepped back, took a look, saw a pimple on an elephants arse....just saying."
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Big seller here, have lowered my bid.
Indeed, me too.
LOL, I have cash ready after my cover. Should have held out longer in hindsight. All OK though because greed will kill your capital.
What makes you think the drill bit is turning at all...?
Ha! They are here, just not worth the flip in this moment in time.... That will change.
Even a deep sleeper that I have has traded a couple K's. To funny!
Grinding halt.....lets work on VERT...
Been adding some down here. Good luck!
While the .009's are tucked away I have started to nibble down here yesterday in the mid .015's. VERT for the first time did not follow the ask all the way down. This was my first cue. Could still go lower then, I take bites.
Cannot get a ticket if you do not stand in line......
In all respect that is a decision only you can make.
With all the theories posted today starting to look more and more like this price drop has all been orchestrated to get the "mates" onboard before developments are announced, i.e., the 500k chunks....
Nibble nibble....
I like wedges...
Sure did! I am here to make profit and a living, best of luck with it Mate.
Thanks again Rig for the SHMX call. Took profit - 66% on SHMX and 14.3% on DEXO. Not greedy and not bad for 24 hours.....
Took profit - 66% on SHMX and 14.3% on DEXO. Not greedy and not bad for 24 hours.....
VERT put the breaks on at .0188 but the bungee momentum continues down, snap back should happen relatively soon.
Nibble nibble.....
DEXO +11.6%
Thanks Rig. Also, time to keep PCFG on a very close radar with the agreement this morning of a company close to them, BLUM. Junior miners are still depressed with POG rising. The miners will follow and there is going to be a feeding frenzy at some point and plenty of money to be made.
Disclosure: I own a chunk of PCFG
Eurasian Minerals and Bullion Monarch Mining Enter Into Merger Agreement
FROM EMXX BOARD
Eurasian Minerals Inc. (TSX VENTURE:EMX)(NYSE Amex:EMXX) ("EMX") and Bullion
Monarch Mining, Inc. (OTCQB:BULM)(FRANKFURT:BMJ) ("BULM") are pleased to
announce that they have entered into a definitive agreement (the "Agreement")
with respect to a proposed merger of BULM with a wholly-owned subsidiary of EMX
(the "Transaction"). EMX has agreed to acquire all of the outstanding common
shares of BULM for which BULM shareholders will receive 0.45 of an EMX common
share and US$0.11 in cash for each BULM share held. The Transaction is expected
to close in the second quarter of 2012 and the BULM shares will cease trading
thereafter.
DTHRF now $3.52 after calling the $3 resistance break here.
DEXO looking just fine....!
Yes, one has to see the value here. I have maintained for a while now that the miners WILL catch up. PCFG is very well positioned to take advantage of this.
Glad you have finally figured out the greed/fear thingy. Nothing new, just the way it works and always has.
SIOR, yes it is. I have free shares at .009 but have started nibbling again....
A reminder on this BLUM news. There is an important PCFG (Pacific Gold Corp) connection here BLUM is PCFG landlord on one property.
Read more here.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71846433
POST from the BULM board that is kinda interesting. Remembering that PCFG is currently paying royalties to BULM you would have to believe that PCFG is on the radar of Eurasian Minerals.
Very interesting!
You have your eyes on the rear view mirror. Many of us sold at the top. Time to look forward to a reentry.
Getting some Oom Paul Kruger Rands back then did not hurt either...
Fourteen mill not that big under the circumstances. Should get there in no time.
SHMX, very nice move here, great call Rig!
On a South African note. I have been witness to and profited from disconnects in the past. I feel there is a disconnect between price of AU and miners. With South Africa, about a decade ago I visited the country often from the USA, about two three times a year. The South African Rand was all beaten up, trading between 11-15 Rand to the US Dollar. However every time I visited the country things looked better, airports were updated, long road trips confirmed improving or at least maintained infrastructure, money being spent in improvements, etc. The housing market was all depressed. The world thought South Africa would go down the drain fast. Still as things continued to improve in South Africa I tried to get my friends to buy Rand and buy property in the country. Still the Rand continued to tank. You could buy thirty hectare ranch with a very nice four bedroom house with swimming pool, close to major city, beaches, casino, safe etc for US dollar $10,000-30,000! I tried to get my friends in the USA involved, screamed oversold, pounded the table, how can this go on , etc.
Long story short. As an example, if you invested 100k US$ your return in a couple of years as things turned around quickly when the flock finally saw the value. Your return grew between 300-700% within a couple of years as the housing market turned around and the Rand improved.
I saw this disconnect clearly and participated on my own while my friends looked on and pulled their hair.
I just feel the same thing here with gold and miners.
It is tough to buy when they are selling.
End of story.