Short Term Trading Weekend Lounge: 27 - 29 Nov, page-5

  1. 3,540 Posts.
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    Pot stock CAU took off this afternoon on no news, but not the one I hold ECS. Medical cannabis stocks BOT and MDC did well today also. I traded them both but left money on the table at current prices.

    I can't remember if I mentioned GLN on this forum previously. It's been my best performer and made for a great week. I think it will keep rerating. A see-through valuation based on Galaxy's sale of a similar asset late 2018 at the peak of the last lithium boom to Posco gives $1.84. I don't seriously expect it to go that far but at 36c there is plenty of head room for more return.

    I had a nibble in goldie BMG at 10.5c as I Iike the ground and historic drill results. It has fallen a long way and drilling begins soon so there may be interest.

    Have a great weekend all.
 
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