Loading ...Sir CM’s post and Sir Plunger’s replies in an earlier thread
I’m all for being right and sitting tight.
But just reflecting on my trades this year. I shudder to think that if I had not sold partial positions in BKRRF, BBBXF, MGMLF, ANXGF, ASM … what would I feel about my PM portfolio? These are among tens and hundreds of PM names, all with “long term potential” that are ALL at 52-week lows today. That wouldn’t be math, just emotions. Just pain.
I sincerely hope, you, Sir CM, do ring the profit cash register on at least some PM miner positions.
Here’s a sample of my portfolio trades this year.
ANXGF 342.82% realized gains, long term.
AZASF 59.67% realized gains, long term.
BKRRF 33.28% realized gains, some long term some short term
ELRRF 24.92% realized gains, short term
HL, 31.65% long term
MGMLF 267.09% long term
SNWGF 66.61% short term
VLMGF 15.66% long term
GL
Great trading, GL. Everyone has a different approach. For me miners are lottery tickets with a limited number of them and not a large total investment. As I said since day one here two years ago, my preferred way to play is the physical metals using CEF for over twenty years and more recently with PSLV.