I wish I had shorted WGX when Peter sold. He picked the trade...

I wish I had shorted WGX when Peter sold. He picked the trade top almost to the cent the previous 2 times he sold.

I'm having the same issue as you. I started selling out of some of a few of my positions about 6 weeks ago and now I'm having trouble deciding where to reallocate the extra cash. TBH I sold out a little early and was really down on myself for a couple of weeks because many of my goldies went on to make 12 month highs. I obviously feel pretty good about my decision now. I wish I had pruned more of my portfolio, there is so many great bargains.

I purchased a small parcel in WGX last week but sold out for a quick little profit after WGX had that bounce the other day.
I will have another dip at WGX but I am remaining on the sidelines for now.


The only company I have been actively buying over the last 3 days is polymetallic producer AMI. Their Federation feasibility study is due within weeks and I'm expecting it to show a NAV higher than AMI's current market cap. This basically means you get the rest of the company for zilch. The Federation project will deliver a gold equivalent grade of approx 9gt which will help AMI generate huge cashflows at what I think will be an industry leading sub $1000 AISC. I'm expecting AMI to process Federation ore at both their Hera and Peak processing plants. They will probably end up building a fourth plant If the Fed deposit reaches a large enough scale.