Replies to post #1053 on Pan American Goldfields Ltd. (fka MXOM)

[Gaintrader]

I understand what you mean about MXOM not moving with the price of gold, and the much the same could be said about CRCUF too.

My situation is that I still hold such a large percentage of my portfolio in "on the house" PM stocks already, that it is hard for to justify putting a lot more money into the sector. Thats why I'm only taking small bites, and I'm using other "speculation" profits that became available here, calling it spec not PM (cheating really).

I'm mostly here for the arbitrage discount to add into my Canarc position. I have come across MXOM a few times over the last few years, and was never interested enough after some DD to consider taking a position before.

I tend to be a bit long term and contrarian minded, utilizing as few trades as possible. You might call me whatever, but I really think Canarc is a little baby Tyaz, that just really only needs to be fed some steady cash flow, to to become a full grown beast (aka; EXK).