GREY:NEVDQ - Post by User
Comment by
bogfiton Aug 07, 2021 11:55pm
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Post# 33669080
RE:Bagholder bogfit
RE:Bagholder bogfit"Has the audacity to look down on investors of IVN. Meanwhile he has been a big NCU bagholder. Check how well IVN had done in the last 5 years versus trash NCU"
I see that Rocky has already informed you that I am not a copper investor, except for purchasing Mason Valley RE as a proxy for going long on Pumpkin Hollow’s ore body and reserves.
My day job is a precious metals contrarian swing-trader. Why you might ask? Because PM stock are more predictable (at least for me and that’s all that really matters), they enjoy a 3:1 earnings leverage to spot, and are free of supply/demand considerations. There ain’t no excess supply of gold – ever!
Now I have bought NCU on occasion, like at 0.07, sold @ 0.16, bought back @ 0.12 and sold @ 0.20. Swing trading that’s what I do. When I saw a particular mismatch of price due to market over reaction, I’d be a fool not to take advantage. I don't think that constitutes a "bag-holder", do you?
I don’t know where you got the idea I disparage Ivanhoe investors. I really don’t care one way or the other. I don’t invest in Africa, and I fail to understand why that personal choice of mine seems so offensive to some of your people. You are entitled to your opinion on which is the better investment, that’s fine, but I don’t understand the need for scorn and contempt. Sounds like your faith is so weak that a contrary POV threatens you.
b.