Posting of Real-Time Trades and a VERY SIMPLE technique that makes TRADING SIMPLE!!!
Wednesday, March 5, 2008
Good move
The money WILL start flowing back into Seabridge. They're sitting on the largest undeveloped mine in the world. 50 million plus ounces in the ground. You should make a quick couple bucks a share back to $29.
Anyone follow DROOY? It's doing quite well these days. The 'issues' are it's price is dictated by the Rand/$ exchange rate. Also, there's an electricity shortage in Africa.
Drooy has been my largest position for a while now. It's very volatile so I rarely trade with it, I just sit on my core with few adjustments. I've owned it when it was trading below $0.60. it really has made a run after the reverse split, but for a while it was in jeopardy of going to the pink sheets. The rand has been dropping against the dollar (wow) so that has also helped lately.
This gold company has been in operation since the early 1900's and it's not going anywhere, some of the deepest highest grade reserves in the world. It was trading at around $60 in 2002, it's restructured a lot so I expect it to beat those highs in the future.
I'd say DROOY is my version of Joe's SA. Any opinions on DROOY Joe??
3 comments:
Anyone follow DROOY? It's doing quite well these days. The 'issues' are it's price is dictated by the Rand/$ exchange rate. Also, there's an electricity shortage in Africa.
Might be worth a play.
Ron,
Drooy has been my largest position for a while now. It's very volatile so I rarely trade with it, I just sit on my core with few adjustments. I've owned it when it was trading below $0.60. it really has made a run after the reverse split, but for a while it was in jeopardy of going to the pink sheets. The rand has been dropping against the dollar (wow) so that has also helped lately.
This gold company has been in operation since the early 1900's and it's not going anywhere, some of the deepest highest grade reserves in the world. It was trading at around $60 in 2002, it's restructured a lot so I expect it to beat those highs in the future.
I'd say DROOY is my version of Joe's SA. Any opinions on DROOY Joe??
ECB is reluctant to cut rates today. They will leave them at 4% most likely. Dollar should fall hard today. Let's see how this plays out.
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