You all know I like metals and if history repeats itself, which it tends to, then we should see a big run up in Penny Gold stocks that trade in Canada or here on Pink Sheets. I'm building a basket of pennies with around 5k in each. My hope is one hits BIG of course I'm not going to be mad if a few go exponential. Once I see the pennies go crazy then I'm out of metals completely but they are all at or near 2-5 yr lows, which tells me we're in the top half of 5th in Gold Bull Market.
Remember always use limits when buying or selling these as markets are thin and you will get screwed on price otherwise. I've been accumulating by setting limits 10-30% below market and daily I'm getting small fills.
AUSVF
ANTZF (really like this one)
FGOVF
MDW
RVMIF (Love this one)
TCEGF
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To remove first post, remove entire topic.
Guys,
You all know I like metals and if history repeats itself, which it tends to, then we should see a big run up in Penny Gold stocks that trade in Canada or here on Pink Sheets. I'm building a basket of pennies with around 5k in each. My hope is one hits BIG of course I'm not going to be mad if a few go exponential. Once I see the pennies go crazy then I'm out of metals completely but they are all at or near 2-5 yr lows, which tells me we're in the top half of 5th in Gold Bull Market.
Remember always use limits when buying or selling these as markets are thin and you will get screwed on price otherwise. I've been accumulating by setting limits 10-30% below market and daily I'm getting small fills.
probably a good play BUT you have to ask yourself "WHY haven't these penny plays run with the metals markets when the bigger cap miners HAVE?"
not saying the will NOT in the future and as we have seen recently with the likes of CYCC and before that SNSS to a certain extent, ANY news can move a small thin stock QUICK.
good luck
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probably a good play BUT you have to ask yourself "WHY haven't these penny plays run with the metals markets when the bigger cap miners HAVE?"
not saying the will NOT in the future and as we have seen recently with the likes of CYCC and before that SNSS to a certain extent, ANY news can move a small thin stock QUICK.
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