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Lone Clone

03/03/16 6:32 PM

#32214 RE: checkmate28 #32212

Good outline for DMM -- the wild card, of course, remains the volatile Ecuadorean political scene. The company has very good relations with the locals, particularly they created a training course and trained up the majority of the work force from among the locals. (Unlike Peru, Ecuador has no tradition of mining, particularly hard rock mining.)

See shares to you for 30 cents? No way! I was thinking of selling some for 40 cents but held off; now I thinking of putting them on sale for 50 cents.

I have been selling bits of my other PM holdings though, reflecting a lesson I learned the hard way. Even if the PoG surprises me and most other observers and doesn't pull back, well, there's always another horse to climb aboard.

Edit: I wonder if we are talking different currencies, since right now 30 cents US is about equal to 40cents Cdn.

LC