RE:RE:RE:RE:Large jump in the POG today You have to take my current holdings iwithin context, having been a much larger invester when the shares rallied from $2.10 to $ 4 plus, so it's all very relative. Would I increase this current position again, yes if I see IAU moving in the right direction.
Anyway enough of my holdings, next week as mentioned by the earlier poster could see the news released all together, whether it boosts the stock time will tell.
As for Metalhead, he's on my ignore list but unfortunately his posts still come through when logged out. So I'll say this, this is the same poster that was hammering on about selling everything over the past 2 years, quoted Zero Hedge and basically said the sky is falling. He ended up with the nickname Chicken Little as he missed a very large rally that continues today in almost all sectors of the markets. Yes he did say sell IAU but he also said that about EVERYTHING ELSE apart from his 2 Gold stocks ARTEMIS and SKE, which he also sold after pumping them like crazy everywhere !
The only conclusion I can come to is he got burnt really badly on a resource stock and it still rankles him, but somehow his 500 share investments alway seem to make money ? Well in his own world they do.
Personally I've been burnt on more tech stocks than PM plays. It's the nature of investing, not every stock is a winner.
Now let's get some good news from I-80, $130 million is a lot of cash to be sitting on, spend it wisely and grow this company.