A Contingent Mining Play
I am basically set with my gold, silver and mining positions. However, one miner that I am thinking of taking a modest position in, will be contingent on it trading down to a very specific entry point. If it doesn’t reach my entry point it doesn’t necessarily disqualify it as being a playable miner, it’s just that I don’t want to add many more positions unless I get them at bargain, low risk entry points. The stock is PVG and I am interested at 10.50 or below, maybe it gets to the 200 day around 10.20. If it is going to get there, before year end seems likely. (originally drafted on 12/26/20, not sure if I will get my price)
it’s moving in the right direction today. currently down 6% at $11.29