Scottsdale Stacker Edition

bush league move

I agree that they are one of the bigger known miners, and garner a lot of attention, as well that long term they will do really well.

Im just trying to frame things in a play this week, not long term, but I suppose earning are out in a couple weeks, so maybe making this a month play at least isnt the worst idea with FM.

I can always put some in FM and some into bayhorse.

Rookie move

IMHO the news is extremely bullish, and the fact that first majestic didn't pump on the news means that we are still in smart money phase.

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isn't sprott an institutional investor, albeit a very PM specific, and forward thinking one?

Id say we are just now at the demarcation between smart money and institutional, but either way very early in the cycle.

Can you comment on how you know FM Brrrrr'd some shares up though? that is one piece of information I would like to know how to find, I cant seem to find good graphs that track # of issued shares over time.

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how long is a piece of string?

Making week or month plays on juniors isn't the best idea with the extreme volatility in the sector. If you want to trade consider waiting for the breakouts to start then just start trading all the flags one by one, which have worked for me since about May. However charts do suggest that the best time for a long entry is right now if you missed the lows.

About Bayhorse: Pmg's obsession with the stock is unhealthy as it's still a speculative play on an indebted company who will dilute. Not saying don't buy the stock, I own shares, but the constant discussion feels like some lemmings shit. These are the same guys who shilled MUX without knowing who Rob Mcewen was, what the properties were, what the financials were, months after a 50% pump; they're all in the red. Don't buy everything you see here and spend actual time researching companies.