Post by
Jonogubba on Mar 26, 2014 4:15pm
Gold price decline, this stock price = unaffected
Whew! Every other gold stock I have besides one starting up production this month (APP) dropped like a sack of taters today. Of course I view this as bargain/ discounts days.
I'm going to idle, ready for the rebound/floor and drop some more on more gold diggers (may have bought a bit too soon). Guys like DPM still make money at ~$800/ounce but the stocks get pounded on silly $h*t; golddrops $10 so the stock drops 10%...pretty silly indeed. I short on DPM stock (and NPK (Verde potash)) all the time to get easy $$ to put more down on sure-thing stock. CRJ made me some money as well during the last drop in gold. I'm also tempted to get me some OSK as they are cheap cheap producers that keep increasing production.
Here's to the next couple days gathering some momentum! Good Luck Everyone! Take courage for the next few weeks.
Jono