Almost a Double Now, But Waiting For a Quad I've never posted here before, for I'm less informed on GSR then some of the pros on here - which by the way are doing a great job keeping the rest of us updated. I used to follow the original company (CDB) in my Yukon portfolio back in 2009-2010 and their land acquisition near Underworld (before Kinross took them over) in the summer of 2009 - nice grab! But their progress at the time was too slow for my liking and so I lost interest in them, especially since ATAC was my main focus. A little later on a buddy of mine was following them during the split in Dec 2010, hoping get in on some cheap shares, but I already had a full plate then. They came back on the scene for me in early 2011 when another buddy asked me if I knew of any oil plays? I mentioned CDB and their plan to split up their oil interests (POP) and pm properties (I only knew them as AXP), even though I did not keep up to date with the story, I mentioned they'd be worth looking into.
Last April I stumbled across GSR on the POP board and lo and behold my ATAC buddy Hiker was liking GSR as well. For me that was a signal for more GSR dd, but by the time I got enough courage to sell some silver stocks for a loss to buy into GSR (I hate doing that, but sometimes one has listen to their gut feeling) it had spiked to 45 cents (I hate chasing even more) so I thought I missed the boat. Then during the end of May I happened to be in Victoria occompanying my wife on her business trip, which put us up at the Empress Hotel. I remember that day very well because I was bored while my wife was in a meeting, so I thought of going for some tea in their apparently famous tea room. I could not believe they wanted $60 for a cup of tea and felt it would be a little ridiculous sitting there alone and sipping tea that I've never paid more than $5 for lol. Anyway I decided to go back to my hotel room and check out the markets (even though I swore to forget about them for awhile since the sell-off several days before) It so happened that GSR was at .29 so I put in some stink bids because I wasn't sure if hit the bottom yet. Anyway I had no bites for a week so I decided to pick up a few at .34 and even though I wanted more there just wasn't enough volume to scoop up a bunch without spiking the sp, so I patiently accumulated from .34 - .38 for a few weeks. I almost sold 3/4 of my GSR yesterday, not that I lost any faith, it's just that it's become a traders' market and any good news is usually walked down to where the sp was before the NR. I thought the better of it and remembered my avg. entry point in ATAC was .67 back in 2010 and how foolish I'd feel if the drill bit backed up the promising results. That's my GSR story! Sorry to be long winded about not much, but I thought to share it since I'm here for the full story now.
GLTA!