Value Microcaps Junior Miners

[dr_airtime]

Here's who I bought today....

...don't want to touch more speculative juniors at this point.

I think we need to get some sort of elastic rebound so I bought the following gold producers with tight stops this afternoon as we should get some sort of big rally if gold rebounds definitely through $1400 tomorrow or early next week.

Thesis: Sector leaders if rebound happens & great entry for LT hold if gold bull continues:

RGLD, TMM/TGD, YRI.TO/AUY, BTO.TO

Thesis: Emerging producer just too sold off:

ORV.TO,

I sold a bit of my fave Mandalay (MND.TO) for these above as it was up $12% on the day and has treated my well the last couple months so I am willing to temporarily rotate into the above.

I wanted to add Argonaut (AR.TO), but I will wait for tomorrow as up 8% on the day. Eldorado (ELD.TO/EGO) is another that will rally fast on a rebound but they are feeling the pain so I'll wait for a signal.