yep, I essentially doubled my share count last Tuesday at plus minus $0.43 per share. Hoping it turns out good as my PM stock picks have not done so well as of late. Covered calls on some of the majors has kept beans on the table. Right now, I think storing up dry powder until an upward direction is established may be the best strategy. Anyone have thought that the bottom is behind us?
Same here, was buying down thru the 40s, high 30s and low 30s. I hope we rebound back up thru the 50s and 60s before leveling off, will buy in increments on the way back up also. Silver is silver and still needed.
12K last week to round out holdings in 8K multiples.
1. Split & warrants has nothing to do with it.
2. See SA article about "trap door" under juniors (esp non producers and high cost producers).
3. Aurcana is a solid low cost producer with solid management.
4. Plenty of potential to grow reserves.
It could go down much more as PM's have not hit bottom yet. I will lower my average cost from time to time if opportunity arises. I'm in for long haul (5-10 yrs) but have majority of portfolio in dividend payers and cash. Good luck to all.
Just read the earnings call transcript. Someone asked Lenic when the reverse split would take place and he stated end of Q3, a couple of others from the firm and aurcana had to step in and correct him. Looks like they are going to list on the TSX only, wow.