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Sprott acquired more, now owns 1/3 . Up 9% today again.
Added Aurelius. High grade in Nova Scotia
https://aureliusminerals.com/news/2021/
Last chart is gold. Armstrong arrays showing for direction change April 25 -May 09. CCI indicator weak and showed top so I am expecting retest into 25th. Shall see what shakes out .
Also keeping an eye on Sherritt , Ni, cobalt, fertilizer supplier.
Sir HR,
You beat me to posting about NFGC.
I have a relatively small position in NFGC, as compared to 20-30 other juniors where I have invested and dollar cost averaged down more.
After it went to USD 12 in June last year, I “timed” my entries pretty well, but did not build my position further afterwards:
Total 265 @ 6.3748 1,689.31 — 7.5850 2,010.03 320.72 18.99 Short
157 09/10/21 6.8175 11.26% short term unrealized gain
108 09/22/21 5.7312 32.35% short term unrealized gain
Middle of March 2022 presented another great buy opportunity, but I was busy catching other busses.
Aurelius looks interesting. At this point in the infant PM bull market, here’s a theory I’m applying to miners in which I have zero stake: that any promising junior that is at 45-55% below its 52-week high, is worth entering. Cannot wait for more dips. If the entry size is small, it is as good a low risk entry as that can be had.
What’s your take on SBLRF? I have over 2.5% of my miners cash allocated to SBLRF and I’m overall in the green for the first time ever today.
Very diligent cost-averaging down paid off here!
7,000 06/24/21 0.2165 1,515.45 — 0.22 1,540.00 24.55 1.62 Short
1,819 06/30/21 0.2142 389.67 — 0.22 400.18 10.51 2.70 Short
3,750 06/30/21 0.2091 783.94 — 0.22 825.00 41.06 5.24 Short
3,228 07/07/21 0.2007 647.84 — 0.22 710.16 62.32 9.62 Short
2,684 07/08/21 0.2026 543.75 — 0.22 590.48 46.73 8.59 Short
3,113 07/16/21 0.1771 551.41 — 0.22 684.86 133.45 24.20 Short
3,406 08/12/21 0.1682 573.03 — 0.22 749.32 176.29 30.76 Short
6,500 08/19/21 0.1312 852.60 — 0.22 1,430.00 577.40 67.72 Short
3,500 09/10/21 0.1468 513.75 — 0.22 770.00 256.25 49.88 Short
1,299 02/10/22 0.1349 175.30 — 0.22 285.78 110.48 63.02 Short
Thanks,
GL