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Re: smakkdaddy post# 647

Sunday, 11/24/2013 7:34:19 AM

Sunday, November 24, 2013 7:34:19 AM

Post# of 1139
If Mt Todd gets its permits by Christmas, the stock should experience a nice reversal. For the longest time, MIDAS was rising while VGZ was stuck at 45 cents. MIDAS collapsed mightily on no news, and I think the trading is interconnected somehow. Its collapse did seem to allow for VGZ to trade a little lower, as the MIDAS shares are now worth 30 percent less (or under 25 million of VGZ's market value now); only last Monday, it encompassed over 30 million of the market cap.
As long as the ISO trader is present, then selling some shares whenever VGZ hits 47-48 cents might make it easier to buy more shares at lower prices, and to lower one's average PPS. Also, there are now a number of other exploratory miners at ridiculous prices too. Getting more diversified among the unfairly slaughtered might be good too.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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