yeah hindsight ... I was seeing how the market was really cooling off towards the Base metal sector a while ago .. should have just taken the small loss when I first decided it was time to reduce my holding when the SP was in the 50's but the market just keeped pushing away from my sell-order ..now got less than a 25% up for sale in the mid 30's hoping it will be hit to de-risk some what ..been pushing more funds towards producers or large undervalued projects that only really need funding to head towards production ..RXM , KSN , CE1 etcOriginally Posted by whatsup
Looking back over my trades .. I was trading it as a very high-risk punt .. but got stale and sat too long >>>wouldn't be so bad if it was a small spec position but I threw NZD$100k in total over the last few buys looking for a nice swing trade into the 60-70s doh!!!!
Buy 60c sold 72.5c
Buy low to mid 70s sold 78c-84c
buying low 60's to mid 40's .... only one small sell 60c ....
basically I got cocky ..now trying to remove some of the downside risk taking a few $$ of the table
still at only 16mill marketcap hardly expensive Vs peer explorers
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