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rob mcewen (~ warren buffett in gold stocks) invests in vg gold => +126.92% today!
Posted 07-22-2009 at 11:27 AM by jaro g.
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Updated 01-06-2010 at 11:39 AM by jaro g.
Updated 01-06-2010 at 11:39 AM by jaro g.
crazy gold explorer stocks!
folks, pls tell me how stupid the homo sapiens finacialis is? yesterday no one liked my struggling portfolio position – vedron gold (renamed 2 vg gold recently), today is there a buying orgy as if there were no stocks tomorrow! the stock is +126.92% just now and sells @ CAD 0.295 … hmmmmm, didn’t the folks read that rob mcewen's lexam explorations paid just CAD 0.08 per vedron's share? will the price fall to CAD 0.08 later on?
thx goodness i’ve increased my stake in vedron gold in may by more than 40%. not bad jaro, not baaaaaaad at aaaaaaaall, yabbadabbadooo
damned hell, why didn’t tweet rob that message to me before informing all these media guys? and when will he invest also in my other struggling (nevada based!) gold explorers/miners like bravo ventures, coral gold, miranda gold, … and when will he increase his own stake in us gold 2 help his weak performing stock also gain +126.92% in a single day?
wanna see the chart? here we go: InformedChart
btw, 3 years ago (march 5, 2006), he announced to take-over 4 (nevada based) gold companies and bought 3 of them actually (nevada pacific gold + white knight resources + tone resources) … he also bought a major part of minera andes (@ CAD 1, current price CAD 0.83) recently, so let’s hope his appetite 4 gold stocks isn’t satisfied yet ...
ps: lexam explorations (one of mcewen's companies and the actual buyer of vedron's stock) is + today (maybe is their vedron investment at current price more worth than lexam itself - let's check the numbers later o). well, it's also nice 4 my portfolio even if lexam is still 50% down compared to my purchase price in summer 2007 (far before the october 2008 crash for most metal explorer stocks have destroyed sooo many dreams). btw, mcewan's flagship us gold is +2.33% today.
pps: folks, you still remember my comments about rob mcewen in my blog post concerning the gold-dow-ratio (Posted 07-19-2009), don’t u?
folks, pls tell me how stupid the homo sapiens finacialis is? yesterday no one liked my struggling portfolio position – vedron gold (renamed 2 vg gold recently), today is there a buying orgy as if there were no stocks tomorrow! the stock is +126.92% just now and sells @ CAD 0.295 … hmmmmm, didn’t the folks read that rob mcewen's lexam explorations paid just CAD 0.08 per vedron's share? will the price fall to CAD 0.08 later on?
thx goodness i’ve increased my stake in vedron gold in may by more than 40%. not bad jaro, not baaaaaaad at aaaaaaaall, yabbadabbadooo
damned hell, why didn’t tweet rob that message to me before informing all these media guys? and when will he invest also in my other struggling (nevada based!) gold explorers/miners like bravo ventures, coral gold, miranda gold, … and when will he increase his own stake in us gold 2 help his weak performing stock also gain +126.92% in a single day?
wanna see the chart? here we go: InformedChart
btw, 3 years ago (march 5, 2006), he announced to take-over 4 (nevada based) gold companies and bought 3 of them actually (nevada pacific gold + white knight resources + tone resources) … he also bought a major part of minera andes (@ CAD 1, current price CAD 0.83) recently, so let’s hope his appetite 4 gold stocks isn’t satisfied yet ...
ps: lexam explorations (one of mcewen's companies and the actual buyer of vedron's stock) is +
pps: folks, you still remember my comments about rob mcewen in my blog post concerning the gold-dow-ratio (Posted 07-19-2009), don’t u?
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for members who may have missed it, here is jaro's post on the dow gold ratio.
well i've never gotten around to studying mining stocks, aside from some of the ETFs, but it sounds like you got yourself a good deal here!Posted 07-22-2009 at 01:33 PM by Simit Patel
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Hey congrats Jaro - Nice move!!
GraemePosted 07-22-2009 at 02:29 PM by advfn2828
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what about the next trading day 4 vedron gold?
btw, there was a huge trading volume today, but the price moved just in a small range and ended the day without any change. well, at least there was no massive selling today ... i think it is a good sign 4 vg's stock
Posted 07-23-2009 at 04:42 PM by jaro g.
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2 days after that breaking news ...
the trading volume was still much, much higher than before rob mcewen's participation, but not so huge as the last 2 trading sessions. anyway, vedron's stock advanced +15.69% today and closed @ its daily high CAD 0.295 ... i think it is a good sign 4 vg's stock
prolly is the completed financing through rob mcewen really a huuuuge fundamental improvement 4 vg gold which legitimates the new price level ... let's adapt to that substantial higher sphere
btw, my overall vg gold investment shows a +30% profit nowPosted 07-24-2009 at 06:54 PM by jaro g.
Updated 07-24-2009 at 07:50 PM by jaro g. [Show Appreciation] What's This? -
Posted 07-27-2009 at 05:28 PM by jaro g.
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