RE:RE:Today's trading activity RE:Today's trading activity
eatmorefiber2 wrote: Miners are all doing well except for KL. I think the shorts are doing their best to scare you out of your shares prior to earnings/resource news.
I don't buy for a second that earnings will be below expectations.
Wouldn't it be a biitch if Makuch was holding back the production report so that his buddy, ES, could unload more shares before the report comes in worse than expected. Paranoia strikes even the most ardent of KL bulls :-)). Anyway, not selling any of my shares unless or until the production report craps out.
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KL will be wanting to mine as much as they can of swanzone before higher taxes come in 2020.
They may have already started, add to that the increased gold price scince q1 and we might see blowout earnings increase. I'm happy to add with the lower share price whle other PM stocks are holding or up.
I added a little to rrsp anf tfsa. Could be wrong but I think its a good risk that could pay off later this week.