Post from CountryGent-Tuo RE:I've stopped trading Teuton Resources
Rocky, I have held positions for decades in some cases. However no stock is so sacred it can’t be sold if it no longer has a value proposition.
TUO is definitely a hold for me too, provided gold doesn’t lose support. To me unlikely given the inflation risks of international monetary easing, but if I lost confidence in a gold upside, I’d sell. The other likeliest reason to sell is a happy one - that the stock price overheats and gets priced above my value expectations. Then take profits says my playbook.
As I said a few weeks ago I’m also hopeful there might be a big copper target, and a copper/gold ore reserve is even more promising as a long term hold.
Right now, nicely priced with lots of upside, potential gold price upside, copper price upside, and a very interesting and potentially value-adding drilling season ahead. PSZ, Eureka and Orpimont sound like at least three swings for the fences.
cg