Sometimes they are worth waiting for...

Almaden Minerals (AAU) has for years been a company that I have had a twinkle in my eye for.  They say don't fall in love with stocks and indeed, I don't.  I have sold when I thought appropriate, and bought enthusiastically as appropriate.

But this one, like Fronteer Gold (bought by NEM) before it and like fellow current holding Pretium (PVG), is one that I have infinite patience with because I trust its management and by expert accounts (like a certain 2 geologists I also trust) think highly of its Ixtaca project in Mexico.  I also like the respectful way this company goes about doing its business, to shareholders and the its associates and indigenous peoples.

Anyway, NFTRH has been managing the neat little bottoming pattern in AAU and today it is pepping up again.  There are some targets up there that I have noted to subscribers, but for myself, I cannot see myself selling anything close a majority of shares there.  Not unless the macro backdrop says to.  Because this is an excellent little explorer and I think for my needs - much like FRG before it - it is as close to 'investment grade' as a gold explorer can get.

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