written by reader Thoughts from Myron—Junior Miners on the Move

by takeprofits | August 30, 2013 10:17 pm

A BALANCED PORTFOLIO

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Source URL: https://www.stockgumshoe.com/2013/08/microblog-thoughts-from-myron-junior-miners-on-the-move/


61 responses to “written by reader Thoughts from Myron—Junior Miners on the Move”

  1. stevemack70 says:

    Myron, your prediction of the stock rising again came true quickly. Glad I doubled down at .63, I’m almost “whole” again.

  2. herbalix says:

    Perhaps it does need a bit of clarification. I doubled up at 0.75 because the info that the Government of Romania voted against the mining project did not worry me that much. In fact like others I saw it as an opportunity to make a profit.
    However when I heard that there were large protests from the people who live in this area, namely the Romanians themselves, I wondered if this is the ‘ethical’ thing to do. Do we know better what ‘the Romanians’ need or want? Sure you can argue this point any way you want.
    I do not know if the Romanian government is just playing games with Gabriel to get a better deal, by letting them know we can influence the stock market price.
    I do not know, if the protests have been staged even by the government itself so they had a better position for future negotiations.
    The question I find myself faced with is this:
    Do I want to invest in a project in a foreign country if the probability exists that the project is not in the interest of the people who live in this country?
    Some of us seem convinced that this project is in the best interest of the ‘Romanians’, but do we really know or do we just play ‘God’.
    We always seem to know what is in the BEST interest of others, but perhaps we have mixed things up a bit.
    Perhaps our own interests come first and then we dress it up as ‘Best Interest of Others’.
    Anyway, I seem to be the only one at present faced with this ‘ethical question’.
    Thanks for your comments above. It is always helpful to be challenged.
    Have a pleasant day everybody!

  3. herbalix says:

    Change of subject. Does anyone have any more information on Alexco Resource Corp. (AXU)??? After the ‘unexplained’ up that Myron mentioned, I have been keeping an eye on them. They seem to have come back down to earth at this time. Still would like to know what made them move up in the first place.

  4. hullevad says:

    Hi Myron!
    Great work! I invested in Endeavour when they were <1cnd and sold at 13 and that is the way to go. Have You ever looked at Black Mountain Resources? They IPOed at CND 0,30 and are down around 0,13 at the moment. They have impressive grades and are in limited outsourced production from one of their 3 mines!

  5. Alan Harris says:

    Myron
    Do try to remember youre Global now………… try to acknowledge the big picture. 🙂

  6. takeprofits says:

    I may from time to time comment on any big news that is globally significant, and I certainly welcome input from readers no matter where they are domiciled, my point was that I need to take care of immediate business FIRST that will serve the most people. I can’t possibly cover even all of the miners on Canadian and U. S. Exchanges, so that will remain a priority, but when I come across a particularly impressive story about a company listed on foreign exchanges, I will try and share the most pertinent details as time allows.

    What do you expect me to do Alan, work 24/7? Thats in response to your smile.

  7. Alan Harris says:

    I’ll send a message via GS central as this could get off topic.

  8. steven says:

    Hi Myron, regarding buying gold on dips in September, do you think LODE or IAG a good buy now?

  9. Alan Harris says:

    From elsewhere: SilverCrest Mines Inc. (NYSE:SVLC) In about 10 days, the company will be releasing the preliminary economic assessment (PEA) of its La Joya project down in Durango, Mexico. This project is bigger than SVLC’s flagship mine, Santa Elena, and already analysts are saying SVLC is too conservative regarding its potential.

  10. xcernfsi says:

    Hi Myron – Not very likely that this is news to you, but trading in NAN and VMS is halted pending news – looks like those Greenland assay results are about to be released.

  11. steven says:

    Myron, thanks for confidence in BALMF, good I did not sell it, already up on it today. Do you still feel very confident on VTIFF?

  12. takeprofits says:

    Yes Seven I have great confidence in Balmoral as a longer term exploration speculation. Management is very competent and well financed. I note that you are buying on the OTC market which I try to avoid, you will get better prices and in particular liquidity by buying on the home listing. I understand you may have to consider switching brokers, but that also could save you some money. In regards to Valdor, this one I expect to take somewhat longer to play out positively but yes I have faith in management that they have all their ducks in line and know what they are doing. Big returns immediately are not likely, but a small position positions you for when it begins to move. Just a reminder, I give every stock at least 6 months and as long as nothing negative is happening with the company I will continue to hold for a payoff. Just because I don’t comment on a stock every issue is no reason to panic, if I think I stock is not worth holding any longer I will issue a SELL, I won’t leave you hanging.

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