How many times have we seen a Canadian resource stock pump higher and blow off right into a 'bought deal' financing? Momentum chasers are being punished but good on this quality gold streamer. I thought I would not have a chance to buy it, but maybe I thought wrong.
I have committed to hold only the likes of quality, and like Royal Gold and Silver Wheaton, that's what I think this is; a younger version of those two. But boy you don't want to chase the upside explosions because you never know when you're running right into the teeth of one of these financing deals.
http://www.biiwii.blogspot.com
http://www.biiwii.com/analysis.htm
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I have committed to hold only the likes of quality, and like Royal Gold and Silver Wheaton, that's what I think this is; a younger version of those two. But boy you don't want to chase the upside explosions because you never know when you're running right into the teeth of one of these financing deals.
http://www.biiwii.blogspot.com
http://www.biiwii.com/analysis.htm
Subscribe to NFTRH or
Subscribe to the free eLetter
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