For the new followers around here, a quick primer on how we first got started in the oil business 109 years ago.
As always, thank you for your feedback and support. We appreciate it!
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Sibanye-Stillwater could be a decent entry closer to 10; platinum has really sold off; I exited my position 20 Feb at 15 and chg; would re-enter with a 10-handle; #platinum#gold $SBSW
Silvercorp Metals; has come off it's peak around 14 now 9 and change; developing a promising copper project in Ecuador (El Domo); the silver mines are all in China; currently no position, on watch; #silver#copper $SVM
Endeavour Silver; I'll wait for 8 or under; missed it on Friday; exposure to Mexico here and a new mine (Terronera) in commercial production; Q1 numbers should be good but I dislike that they are primarily silver yet report production in GEOs; #silver $EXK
@ArcadiaEconomic Fun & games in silver; 30 Jan 118.45-->84.63 close; 5 Feb 90.41-->70.83 close; 11 March 89.43-->67.79 close on 20 March; someone has a need to slam it 20-30-40 bucks short-term? Not normal price action; at all; #silver
First born is scheduled for 7 AM tomorrow and my eBay algorithm is doing that weird thing where the cards I’ve had listed for months are now all selling at once. Going to need a family member to drop off the cards at the PO so I guess it’s a family business now
No new positions in metals but watching price for entry; esp. royalty streamers which have far less cost structure than actual miners but still v. much exposed to metals; I think they are a better play than miners; $WPM @OilStockTrader
@1Cash28@CardPurchaser 1954 Johnny Bowers, wow, they also had Gump Worsley that year; Ed Giacomin my all-time fave G; hope they can get it back next season.
Wheaton Precious Metals; 6-month view; has had three gap-down moves since 2 March; 200-day moving avg now just below and volume picking up steam; watching and looking to re-enter; #gold#silver $WPM