GREY:CDKNF - Post by User
Comment by
desolationsoundon Oct 30, 2014 9:33pm
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Post# 23079920
RE:RE:Say "Good-Bye" to this one
RE:RE:Say "Good-Bye" to this oneLucky I had a gut feel when to say "goodbye"... bought in just before buyout announcement and sold right after .. got back in when stock started going up higher and then sold all positions when
it started going down. I think AEM quarterly results were out today and this may have caused the decline in CYD.....
I now have sold off all my gold/silver/oil stocks as I think the next 3 months will be pretty brutal for SPs...( and late December could be bad as it is tax loss sell-off of season)
Am holding off any new purchases until the new year ... saw guest on BNN TV yesterday that said he would not be surprised if gold went down to $1100 - $ 1000 US ... ouch
if you are a long term CYD investor .. I guess you "ride the rocket" here as gold prices will recover
but I think not in the short term .... I was at the Vancouver Mining conference last January and everyone there was pretty upbeat ...unfortunately I think the next few Canadian Mining Conferences will be like attending a "wake" IMO