I first bought MAK 9 January at 40c on the breakout and have kept averaging up since then. I sold half at $1.89. The highest I have paid is $1.60 last week, when I re-purchased those sold.
It looks good for gold and silver going forward although some talk of an imminent attempted take-down in POG by the shorts. Silver is on its way to $US25 McHugh says and he also says the big wave 5 up is now underway in Gold. Of course short term corrections must be expected. I sold all my TSX silver plays Friday as the charts looked wrong. We will see.
As I said before we need gold to go ballistic to fire up the ASX gold juniors' prices, by overwhelming mining cost inflation and the weak USD. Meanwhile fertilisers are a red-hot sector and why not benefit.
TAM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
