GREY:VITFF - Post by User
Post by
Gambler8888on Jun 10, 2021 9:38am
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Post# 33361408
Profit taking
Profit takingSold a third of my position yesterday to take profits and get my cost base down to the single digits.
I will hold the rest and see how this plays out.
There is a lot of hate for VG from a small number of posters, but in the end, it is a profitable gold miner with zero political risk, a 12 month forward pe in the single digits, with the collar hedges about to roll off in 6 months, and low debt.
I believe in gold, that is why I bought vg. The fact that cde also wants to buy it because it needs the cash flow is also proof that the asset is top notch.