RE:RE:RE:RE:RE:RE:Disappointing daytbnorthstar wrote:
. Now if you will just stick around in both KL & NVO you will do just fine. KL is providing the ride of a lifetime - for a real company that is. Novo is going to surprise to the upside but patience is the key. Given that most market players have a short attention span and time horizon on trades most will miss the Novo bus when it comes along.
I've been in NVO for five years now. Since 2014, so no one can acuse me of having a limited attention span. I am losing patience as the initial reasons I invested in NVO seem to no longer be true. (remember the great precipitation event? and 64 gpt?)
And yes KL is the best gold miner I've ever owned. I've had a few 10 baggers before, but they were all big risks when I initially invested. KL is a triple for me so far, with what I consider very limited downside risk. That's very rare in this business. From a risk reward basis it's been the best miner I've ever owned. There was, in my opinion, no gamble with KL. I'm starting to take profits here, as the market cap is getting up there into nose bleed territory, and the run is starting to look parabolic, and it's become way too much of my portfolio. (at a price of 50 US, where I think it's headed, it becomes one of the top 5 largest gold miners in the world!). Nothing grows to the sky.
It's still a money printing machine, like I've never seen before. What are they going to do with all that cash coming in?????
Regards,
Icarus