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Re: biscotte post# 39438

Friday, 08/21/2015 3:26:32 PM

Friday, August 21, 2015 3:26:32 PM

Post# of 63744
BAA will tread water and trade at a volatile beta to gold until Namoya is announced. It will trade at a steep discount to the rest of the sector given the working capital deficit and zip code. This is a distressed, but promising, security in a tough zip code. There will a lot of volatility along the way. If said volatility is making you manic, may I suggest investing in a basket of miners (GDX, GDXJ) where the balance sheet and zip code risk is spread out?

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