Lessons From Boss Hog !!! For those who know me and mostly those that don’t... I used to have a Newsletter which picked undervalued mining stocks. I looked for not only Home runs but most of all Grand slams.The manipulation of the metal market & just lack of interest in the sector forced my newsletter to go the way of the dodo & me to the poorhouse !!!
Although if you look hard enough you can still find my last reports you will see how well I did picking companies.
The reason I was very successful is... I went the extra mile and visited various offices unannounced in Vancouver over 15 times over the span of 10 years. I’ve seen it all & some of it would absolutely shock you... the Good, the Bad & the Ugly. The most compelling only reason I am so adamant about AZS ,Arizona Silver is I have grown to know the CEO. IMHO he is of very rare breed... honest and transparent and most of all looks out for the shareholders of which he and his immediate circle of friends & family are very large shareholders. Buyers never sellers !!!
I know that it sounds like I’m talking my book but it really doesn’t matter other than bragging rights for picking Winners... as margin calls have pretty much liquidated me out of all my positions in this sector. I have not had a steady income to hang on & my once significant portfolio is all but gone. One absolute tidbit to pass on ... IS ABSOLUTE NEVER BUY ANYTHING ON MARGIN. When they want their money ...they take it !!! I learned that very hard lesson
I’m doing this basically to find that rare grand slam for others that will at least validate that I knew what I talking about ...for nothing but bragging rights... to myself I guess. I want to see others profit mightily from what this market is capable of giving back to those who went against the FED & Wall Street Casino.
Arizona Silver in my humble opinion is such a investment. Mickey Mantle used to hit a lot of grand slams and most times before he did he would foul off a couple pitches before he zoned in on the meatball down the middle and was able to launch it to the cheap seats.
I feel in the situation we have is the same set up with Arizona Silver. The deeper they go... the more Gold they find. Unfortunately the rig broke off right before seemingly was to hit the high-grade they have been targeting.
Such is life ... just another Foul Ball,as for me it’s still another chance for my friends to load up at cheap prices before there are finally no more excuses... of drill rigs, heat, frogs & locusts, etc ...
The footprint of this location is getting wider and deeper as they drill out.They have not missed on any holes !!!
Right now there’s absolutely no interest this sector or any Gold mining company. AZS just put out some nice results & the stock tanked. I can only surmise that another sucker like me needed to meet a margin call.When someone liquidates all shares into the bid & with no one buying ... its Katie bar the door.
My country is $30 + TRILLION $$$ in debt and we are the World's go to currency. Talk about pathetic !!! The Euro is worse . The only currency appreciating is the Ruble as Russia has been stockpiling GOLD for years. Ol Joe was gonna teach Putin a lesson and sanction him into submission. How did that work out for you Brandon ??? :)
Something has to give ... this can't keep up.SOMEDAY and that is the Trillion $$$ question... WHEN NOT IT it breaks, the new currency will be pegged afresh to Gold & Silver and that is when we will have the last laugh.
Go back to 2005-2011 charts, penny Gold stocks became multiple dollars in a very short period of time. I think that day is coming AGAIN SOON. My friends and a few family members will get rich and ol KD will have bragging rights and maybe a few thank yous and that will have to suffice for me at this point in my life.
Another major lesson I should have learned ...TAKE $$$ OFF THE TABLE when it is there for you. Pigs get FAT ... Hogs get SLAUGHTERED. If only I had learned lessons the easy way instead of having to live them out and pay the piper KD