Yes have taken few dollars off the table ... but still hold 75000 shares
If Gold continues to 2500-3000 and GAU production hit 240koz+ then $4-$5 potential
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Great pick JB,only just looking at shares again,bugger didn't look when you first posted on this.
yeah they have gone really well closing today $2.07 ... think they will really re-rate on monthly production targets being hit later this year ..think we could see $4-$5
all my TSX picks have been doing very well ... APM -SILVER/Au - ADZN- Cu -Au Ag SURGE- Cu Au Mo Ag etc
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Yes have taken few dollars off the table ... but still hold 75000 shares
If Gold continues to 2500-3000 and GAU production hit 240koz+ then $4-$5 potential
https://stockanalysis.com/stocks/gau/
It has a big chance to break 52-week high. Markets may be overvalued but that doesn’t means stocks are not going to break 52-week highs and All time highs. Fortunately, I was able to park money in few 52-week highs and Looking forward to new all-time highs and selling a stock which dropped by 45%.
Last edited by Valuegrowth; 12-04-2024 at 07:58 AM.
And still cheap to think I was loading up in the 90c range ..
some really big profit numbers to come FY25 FY26+
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Good Intelligent pick. It has more room to go up further. Doing some research on commodity stocks these days. I sell stocks when I see cash flow generating is coming down. I add more and more when I see cash flow generating is going to go up which I did over the last 3 months. Strong commodity stocks are ideal for long term investment as well. There’s no point of averaging down stocks when they don’t create cash flow. The big mistake I did in the past.
Good Intelligent pick. It has more room to go up further. Doing some research on commodity stocks these days. I sell stocks when I see cash flow generating is coming down. I add more and more when I see cash flow generating is going to go up which I did over the last 3 months. Strong commodity stocks are ideal for long term investment as well. There’s no point of averaging down stocks when they don’t create cash flow. The big mistake I did in the past.
Yeah I stupidly took my profits during the GOLD sell-off $2 -$2.20 when it looked like GOLD was going head down back to 2200-2250 range at one point..
Also I knew GAU does have another Qty or two of high CAPEX outlay on the new open-pit and plant upgrades ,,, was thinking between the two and the fact GAU had run some 150% for me in a few months the SP was going go sub well below sub $2....
Still I walked with a tidy profit ... funds stayed on the TSX hoping to see the same return again with these investments from the funds .. NCX Large Cu/Au project APM -Silver/Gold producer INTR- Copper/au/ag explorer massive newar surface Cu grades
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Originally Posted by Valuegrowth
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