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Mesabi Trust Message Board

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  • booleansearcher booleansearcher Jan 7, 2011 6:08 PM Flag

    Mesabi already lost 1/2 of its

    AEM is a different beast - I have been long gold/silver/oil for over ten years now and only sold some oil plays.......I own AEM as well. I did my checking on my charts for gold and I can tell you this.........I don't know where it goes on Monday as the numbers were non-committal at best. I can always tell 99% accuracy when the gold market is going to turn up but the numbers though positive were not a green light type of showing. Gold and silver however will be solidly higher in 2011 that I can say with full confidence.
    Mesabi is a real difficult call - I was right about the top but now to find the bottom will be more difficult........but I am very cautious with it right here and do not plan to buy back in - YET. The risk is just too high that it could have a sharp sell-off and the probability for me that it runs up strong is just not there so.......I feel very good about being an observer for now. The risk.......is...just....too....high. I have made other buys however this week in other sectors. Boolean.

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