Dalradian Resources, Inc. DRLDF

RE:RE:RE:RE:RE:RE:End of Month - October

[R_J_]

"Sounds like you have the same advisors as I do. Unfortunately I didn't fill my put order"
~ Caribbeanman

I am a member of the Casey Club.
I get everything they publish.
Although I set aside an hour a day to read their stuff, I cannot keep up with it all.
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I am also a part time subscriber to the geologist, Brent Cook.
If Brent is in, count me in.
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I am also a client of Rick Rule, Director, President, and Chief Executive Officer of Sprott US Holdings, Inc
If Rick is in, count me in.
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I see from Shakermans post below that Sprott is the owner of 14.25% DNA.
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Rick owns DNA
Brent owns DNA
Casey owns DNA.
How could we go wrong?
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With regards to that Gold put.
I sold it today.
So I no longer have a ‘conflict of interest’ with my fellow DNA shareholders.
I see that Casey’s GLD [stock market] put never executed.
I often make a trade similar to a recommended trade using my commodity account instead of a normal regular stock brokerage account. I exercised that put option using the commodity account.
It is a different way if doing the same thing.
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Even though gold shot-up today, I made more than $500 in profits on this exercise.
With the proceeds, I shorted the S&P 500.
Again, surprisingly, I did this with my commodity account.
I bought a September mini S&P put at a 2000 strike.
My account was able to afford this by making it an option spread.
It is surprising, but with a spread, you can afford to participate in almost any trade.
Just tell the broker how much money you want to put in and he can figure the proper spead.
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The bigger picture has everyone puzzled right now.
QE quit, but surprisingly, Japan started a super QE on steroids.
Its effects are puzzling.  Gold popped up today.
Am I starting to get too far off the topic for the DNA Bullboard?
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By selecting ‘user action’ and then selecting ‘send message’ we could continue this conversation in our own space.
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RJ