InvestorsHub Logo
Followers 233
Posts 15894
Boards Moderated 1
Alias Born 08/20/2013

Re: jsc52033 post# 6100

Monday, 08/13/2018 8:56:00 PM

Monday, August 13, 2018 8:56:00 PM

Post# of 11363
well my general thoughts on miners
starts with and is mostly centered around what the charts look like. If I like the idea of owning a USA silver miner, of course I'm going to look at Hecla, CDE,ther aren't too many to choose from, right? or maybe some mexican miners like FSM and EXK. Ive owned most all of the gold and silver miners at some point since 2009. Ive become way more cautious about what I own now. no longer bitten by the gold bug about miners, plus I realize you only need to own a few, not like 25 or 30.

Its crazy when you get the fever for it you can become like those old ladies who own 20 cats.

For me the best good fortune was to manage to buy a few at the 2015/2016 Bottom, when they were all at bottoms.
but now, the idea of buying any in a middle zone, where many are now, like GDXJ at 30, its ok but I'd rather wait and see if it falls to 25 again. MUX looked ok at the 2 dollar target area, 1.85 was ok, but the fundamentals at the time didn't make me happy. Same with Hecla, their lucky Friday mine strike is still a problem , even though HL is at 2.80 area as a 'bargain' /
I no longer like TAHO, too many problems there. I'm not happy with the risk profile of African miners. Mexican gangs threaten the Mexican miners. Whats a good investment in miners. Maybe just buying some GDXJ if it falls to extreme bargains some day,like 25 area.

I own PVG at 4 dollars .I own SVM at 70 cents.

I wish I had bought Corvus at 75 cents before it took off. I might buy some if it falls to 1.00 again.

But I am ok buying silver bullion at 15 or lower. and spot gold at 1200 or lower. and we got that today.

Ive been interested in almost every miner and those you mentioned at some point in the past but the game has been so distasteful owning miners these last 8 years,Ive cut way back in my interest.

Im curious about GSS,Corvus, MUX,HL, but then I think, why not just buy more PVG when it pulls back. PVG is looking like a bargain anywhere near 8.00 and below

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.