daytrade diaries... december 10, page-107

  1. 14 Posts.
    Gday

    Just paper trading and studying obsessively at the moment but am perplexed at the price of WCN. Hardly any buyers, however it is priced at below cash backing at just $3 million market cap, with good management, promising joint ventures and highly prospective gold and nickel tenements.

    The other two Im looking at are HDG, $6 million market cap with $4.5 million banked, uranium and molybdenum prospects, and BRUO - strike price is high at 94c but for a cash-backed company with 50 million banked .007c options seem like a good risk/reward ratio, esp. given that they are spending $20 million on drilling starting early next year.

    Any comments, or reasons not to buy at current levels would be most appreciated.
 
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