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Re: kipp440 post# 10975

Friday, 12/19/2008 9:38:26 AM

Friday, December 19, 2008 9:38:26 AM

Post# of 35751
Well, my largest gold position is still AUY, bot at 4 and sold Jan 2010 10 calls at 1 dollar. My cost basis is 3 dollar, will likely to hold for a while unless AUY got taken out.
My second largest position is GORO. It had a lot of selling at 3, it looks like the resistance is finally over.
AGT has a lot of potential and could be the stock of the year in 2009. The problem is that 30-40% of its stocks are in very weak hands. I would wait for Jan, hopefully everything settles by then.
I really like SMC here. It is more advanced in the mine development than AGT and its management have more credibility. I am already loaded with SMC, couldn't buy any more. It should make me a lot of money.
NG's warrant price should set the floor of the stock. 1.53 CAD, is about 1.25 USD. I will buy at low 1's.
There are so many gold miners that are undervalued, I can't count. I just wish they wont' take off until 12/23. When I will get a big dividend from WEBB.

Buy cheap, undiscovered stocks!

Disclosure: I usually own the stocks I post the most. The more I discuss, the more shares I own. Do you own DD before placing the trades.
Please post stock symbols first in all your posts.

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