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Bullboard - Stock Discussion Forum Sitka Gold Corp V.SIG

Alternate Symbol(s):  SITKF

Sitka Gold Corp. is a Canada-based mineral exploration company. The Company’s principal business activity is the exploration for mineral resources in North America. The Company’s projects include RC Gold, Alpha Gold, Coppermine River, and Burro Creek. The RC Gold Project, comprised of the RC Gold, Mahtin, Clear Creek and Barney Ridge properties, is a district-scale, contiguous land package of 1... see more

TSXV:SIG - Post Discussion

Sitka Gold Corp > Got rid of 1/2 my position at .175
View:
Post by givemeabreak1 on Aug 17, 2023 12:29pm

Got rid of 1/2 my position at .175

No buyers for the other half.
Comment by jambon379 on Aug 17, 2023 7:08pm
Hey Give obviously you are not in for the long game. I am !!
Comment by givemeabreak1 on Aug 17, 2023 8:33pm
Jambon When you can achieve a 75% gain in a very short period of time you would need to be stupid not to take it!  I learned from experience years ago the smart money invests with the power of compounding in mind.  The dumb investor is always looking for the 10 bagger!  Yep you might get the odd one but 99% of the time you are still under water... If not with the 10 bagger but all ...more  
Comment by jambon379 on Aug 17, 2023 9:58pm
So Give I agree with everything thing you have said. I also do a lot of trading from Palm Springs. However at a certain point the thrill of playing against the house becomes irresistible. I think the stars are lined up for this one.  Time will tell
Comment by givemeabreak1 on Aug 17, 2023 11:44pm
That is what gambling is all about!  Most people go to the Casino and bet against the house and we all know who wins that battle.  Good luck to you I always enjoy seeing those who beat the house.  That said remember you can still go against the house but with more shares.  For example, if this thing gets back to .10 I will be able to get back in again for the 3rd time with even ...more  
Comment by givemeabreak1 on Aug 17, 2023 11:49pm
Also do not forget I am still stuck with 1/2 my position which is like 10 times larger than most on here.  As I mentioned before that is another problem with these things it is hard to unload alot of shares without driving the price back down unless there is an institutional buyer on the other side.  The backslide today shows you the buyers were are retail enthusiasts!
Comment by givemeabreak1 on Aug 17, 2023 11:59pm
I think "Anonymous" saw me unloading and realized they missed their opportunity and jumped in lol!
Comment by stint20 on Aug 18, 2023 4:20pm
well 100,000 shares traded at .175 yesterday and 59,500 at .17. doubt your 100,000 shares caused anyone to blink. good sale though. i always thought you were a holder of a larger position. nice trade though. this will be back at 12 next week. every spike on this never lasted longer than a few days. have to trade it 
Comment by jambon379 on Aug 22, 2023 12:32pm
NOT going back to .12 this week. Aux contraire, may hit .20..  interesting pp.  warrants in the thirties suggest a share price of minimum .50 is likely.
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