iHub Mining Sector Entrance Lobby

[Frank Pembleton]

Kastel... Purcell is the only oil patch stock left in my portfolio-- sold the works starting with Impact Energy on Monday. I expect PEL to play catch-up in one-heck-of-a hurry, it's not like they're exploring for gold. <vbg> BTW, I'm bearish on the patch-- big pullback today in the OSX, despite the crap going on in Venezuela, so once they get this thing resolved we'll see a big correction. Iraq bombed to smithereens? Who cares... they contribute squat to the worlds oil production as it is-- taking them off-line completely is insignificant.

The top is in...

...as for the yeller dawg? I'll be f**ked if I know... I set a limit stop loss on Kinross this morning at $3.40 when it was at $3.50 -- I'll be damned if I didn't leave my office for a hour or so, only to come back and see the trip was tripped and Kinross was off to the races.

Loaded up heavy at the close on a lagging Wheaton River Minerals-- if I made a mistake, it's a very liquid stock, it's a mistake that's undoable.

Regards,
Michael