Thank you, Sir Chartsmaster
Sir Chartsmaster,
I want to thank you for introducing to me BlackRock Silver.
Happy to share with you that by following your continuous guidance, on there being a strong reason for BlackRock being a member of your “Terrific Ten”, and also patiently dollar cost averaging down, in a pyramid fashion (hat tip to Stewart Thomson, too), the result is that I’m very satisfied with the below buys. Somewhat proud of my own due diligence, too 😉
And today’s price is “the proof is in the pudding”
03/29/2021 12:09:00 Bought 1.4x BKRRF @ 0.5757
03/15/2021 15:08:06 Bought 1.1x BKRRF @ 0.6263
02/25/2021 12:00:11 Bought x BKRRF @ 0.6877
It also helps that BlackRock is ranked #9 in GV’s sitfolio, as of Sir GV’s last updates. Again thanks to Sir Patrick Karim.
https://www.goldventures.org/blog/silver-sitfolio
For what it’s worth, we can discuss the names above. And please also read what I jokingly call “one of my new investment bibles for Summer 2021 and beyond” … https://www.goldventures.org/20210516
All the best to all the GoldTenters.
GL
You are very welcome Sir Gold Learner. Congratulations on your conviction and due dillegence.
I too thank you Sir Chartmaster. I bought into your Top 10 🙂
Sir Gold Learner, loving the JR list and Bible !!
Will put to good use 😀
Well done Sir RW. Some of the “TEN” are lagging and one or two a disappointment so far. I will give them some time after gold and silver get at least back to their highs and determine if we need to make any changes other than the recent change/replace. Many are breaking out nicely and it is only the top of the second inning.
IMHO this is a Vancouver pump special. Sure they put out high grade drill results but there is little system to actually develop. I owned it myself, but after prolonged discussions with my brokerthis was my final conclusion.
Sir Plunger, Are you saying BlackRock Silver is being pumped up?
Or, is GV pumping up his lists?
Please clarify. Your opinions and thoughts are highly valuable to me.
In my “juniors journey” thus far I am yet to figure it out whether it is a true pump or not. Many juniors that are not pumped, rise well. Many after they have risen, stop rising when the pumping starts.
How the hell does one tell?
Thanks,
GL
All miners especially juniors and definitely rocks are “promoted”. Some more so than others. I try to find ones with reasonable valuations and prospects and rely on the charts. My target is the high reached last year. If it doesn’t take that out when silver gets above 30 that would be a caution sign. Remember the joke about the definition of a gold mine, a hole in the ground with a liar standing next to it.
At least that’s a tangible hole, with maybe a few or a lot less ounces of gold then promised/speculated/estimated.
So many times I came so close to speculating in BTC-USD via GBTC. So glad I didn’t!
But, Sir CM, we will need sellers too. Many extremely low volume juniors can explode in a single or a few trades with buyers at “somewhat” high prices, like I did for Labrador.
I think for the next week or two, extreme caution is advised in selling any underperforming juniors. They might move when silver takes out 32 or 35. It does not hurt to set outrageous ask prices now, for selling 20-30% of a long-term junior position.