TSXV:AUN.H - Post by User
Comment by
thesheeton Oct 06, 2010 2:39pm
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Post# 17536257
RE: RE: the post about nothing
RE: RE: the post about nothing
Am I that transparent? lol
Yep Aurcana has been my core precious metals holding since it was trading at 10.5 cents a share!
I figured silver would outperform gold at some point, I enjoy the fact it has an industrial use .
Ideally, I would love to hold on to it and sell on the inter-day high at the absolute peak of the bull market in gold and silver!
Could Aurcana be 20 dollars in such an environment? My understanding is that in the 70's bull market, 20$ was very very average for a junior. Some were trading at 300 dollars!
The ground work for the foundations to economic problems that will drive the precious metals market into the mania phase is being laid right now!
Some say this gold bull market will be talked about for centuries.
There is a risk buying then holding to the end. There is a risk trying to trade.
Lately I am basically doing opposite to what I "feel" should be done. That means I am not selling (or even trading) Aurcana! (I may sell some Aurcana and put it in another silver play).
That also means I am aiming more towards Silver, Rare Earths even Nickel. Metals with an up side bias to improving world economy.
Even though I feel like taking possession of my gold and running for the hills because I "feel" everything is going to collapse as this magnificent bull market in Gold and Silver plays out.