GREY:AVGCF - Post by User
Comment by
nijinsky70on Sep 09, 2011 5:02pm
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Post# 19028030
RE: precious metal stocks
RE: precious metal stocksI'm 27% precious metal mining, 38% oil & gas, and 35% base metal.
I used to be overweight in PM but I've since scaled that back to the current level. Over exposure in one sector is never a good thing, even though it's hot right now. I think I'm still overweight in base metal, consider it has done nothing this year - dead money. My oil & gas is surprisingly doing better than most, but I got lucky with ONR (got in around $5) and LEG is doing well consider I got in under $10.
My PM stock holding are prinarily AVR, BTO and SMF (which came alive lately, after being dead money up to August).