Treasury Metals

I already liked CEO Marc Henderson and his habit of buying LAM.to stock in the open market.  Then Otto whispered a sweet nothing in my ear about another of Henderson's companies, gold explorer Treasury Metals (TML.to).  I took a look at the chart, felt that NFTRH could use another good gold exploration play in the speculative portfolio and bought just above support, as shown.

Now what pops into the blogger's mind is how he took profits on FIS.v in the range of 130% when he could have held out for nearly 400%, all for a month and a half hold.  Alas, it could not be because I am not engaged with uranium (yet) the way I am with the gold sector.  So maybe it will not be so difficult for me to hold on through with TML.  Oh and both Mr. Henderson and his other company, Laramide, have bought some shares recently in the public market paying more, on average than I did.  Maybe I should just hitch my wagon to his star for a while?  Maybe?

Anyway, there's the support, there's the consolidation and there's a nice up leg in progress.  You know, I honestly do have fun with individual stocks.  Maybe I should can the dour macro lecturing for a while and just enjoy life.  Sound like a plan?

Have a great weekend, and keep an eye out for the CoT reports due shortly.  You can get 'em hot of the press here when they come out at 3:30 (US Eastern):  Commitments of Traders.