Once again copper laughs at my bearishness and moves on up. Ho hum. As a reader mailed today;
I hope you are wrong about copper. Is it a case of investors (like me) afraid to miss the boat? Buffet said if you wait for the robins spring will be over.
I hope I'm wrong about copper, too. No denying I've been wrong in the short-term (from $1.75 to $2.15 without me) but let's see how the story unfolds. To counter the birdyquote, one swallow doesn't make a summer*.
Fronteer (FRG) down a penny at U$2.33 despite a positive PR this morning. No matter, as our long position taken at $2.25 and $2.10 has started nicely enough and sitting on the right side by a comfortable margin. By the way, the NOBS report is still available at just U$10 for this good looking investment vehicle. Here's the link to explain more and how to order. It's a winning stock, just allow me to explain exactly why. Plenty, plenty more upside to come from FRG, methinks. DYODD.
Nadagold (NG) down 4% at $2.62. Oh dear. How sad. A reader wrote and asked me what "nada" means. It's simply the Spanish word for "nothing".
I hope you are wrong about copper. Is it a case of investors (like me) afraid to miss the boat? Buffet said if you wait for the robins spring will be over.
I hope I'm wrong about copper, too. No denying I've been wrong in the short-term (from $1.75 to $2.15 without me) but let's see how the story unfolds. To counter the birdyquote, one swallow doesn't make a summer*.
Fronteer (FRG) down a penny at U$2.33 despite a positive PR this morning. No matter, as our long position taken at $2.25 and $2.10 has started nicely enough and sitting on the right side by a comfortable margin. By the way, the NOBS report is still available at just U$10 for this good looking investment vehicle. Here's the link to explain more and how to order. It's a winning stock, just allow me to explain exactly why. Plenty, plenty more upside to come from FRG, methinks. DYODD.
Nadagold (NG) down 4% at $2.62. Oh dear. How sad. A reader wrote and asked me what "nada" means. It's simply the Spanish word for "nothing".
Amerigo Resources (ARG.to) down 5% at $0.36 but was up at $0.39 earlier. To hell with it, I'm gonna toot my horn on this one. Here's what I wrote in this Trading Post on April 9th about ARG.to:
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Amerigo Resources (ARG.to) up 1.7% at $0.305. This seems to me to be a great way to add copper exposure to your portfolio, if that's what you want. This price is below that paid by Ross Beaty for his recent chunk, the company wrote down its share assets in LA.v and DNT.to in its year-end report (DNT.to significantly higher since then) and the cash injection from the Beaty-taken offering has given the company breathing room on its cash flows. With $2/lb copper it's probably making a profit right here and right now, and it will definitely be making a profit by the end of the year with Cu at $2+. DYODD and be clear that it's a high risk exposure of course, but it's a producer at a discount to peers...and that ain't a bad place. I don't own but it's on my shortlist right now.
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And if you ever make a coin or two via these little headsups maybe you'd consider donate one single dollar (that's all you're being asking for here...just one dollar) to the random beneficial cause fund on this link. It looks like we've added $46 so far already this morning so that's encouraging. Watch the video too, cos if I can't melt your cruel and stony heart those kids will.
*Linda Lovelaces' fave quote, so I'm told