Replies to post #32194 on Value Microcaps Junior Miners

[Lone Clone]

DMM definitely remains in the speculative end of my portfolio due to the Ecuador issues.

I am not much of a trader (as opposed to an investor) so am kinda thrilled at my timing yesterday.

I got $4 apiece for the OGC shares I sold, and they are now at $3.64, presumably due to a number of analysts releasing reports downgrading them as fully valued. (Of course I could have been brilliant and sold all my OGC shares for $4, but as I said, I am not the greatest trader.)

And I did plow all of the proceeds of the sale into DMM at 25 cents and today it's up to 36 cents.

Hmm, it's getting harder to find undervalued PM stocks these days, another sign to take some profits. I do expect a pullback in PM prices, probably post-PDAC, but if that doesn't happen we are into full bull mode and there will be plenty of time to get back in.

(And no, GORO is not one of my candidates for new buying. ;~)

LC