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Re: nyc13 post# 176

Saturday, 02/22/2014 12:59:15 PM

Saturday, February 22, 2014 12:59:15 PM

Post# of 375
With apologies, I have no idea, but personally not too concerned with what Scorpio does with its shares. When VISTA dumped 16 million MIDAS shares, it barely even dented MIDAS share price (unfortunately, as I wanted some discounted MIDAS), and whenever Van Eck makes huge dump of shares (Vista, ATAC, etc), it brings down share price so low that one is able to quickly make a double from such investments. Investing a few days in a stock after Van Eck dumps it (from GDX or GDXJ) may be a good strategy.

Still don't know what to think of the Pinon property, and would love to see some analyst speak about the GSV acquisition. I really like Dave Mathewson, so trusting him, but it sure seems like they paid a lot for a property that, according to Scorpio, was receiving no value from the markets. As the latest GSV press release states, the loan now closes this week, not in mid-March, so there's possibility it will start an upward move after this coming week.

Not sure how others are faring, but miners quickly made back the money I lost on them last year, and then some, so it's been a nice start to the year. Am personally respecting profits when they come, and, if I miss a jump in a stock I love, just assume I'll get another chance later.