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Well, in the words of Butch Cassidy, 'who ARE those guys??'
After a dour speech about not being a stock picker, screw it. I am going to tout. Or rather, let a subscriber do it for me. I do not pump stocks, but I do show what I hold each week and I do answer subscriber questions via email.
One such question came from a gentleman yesterday inquiring about a target for AAU. Around 1.25 said I. Today it got there in quick time, he sold and sent me this note. This kind of stuff makes my day; not being called brilliant, cause I'm not. But having subscribers settle in and get used to me and actually have the service work for them in whatever respects they require.
"Hi Gary, Sold AAU at $1.23. You are brilliant! My devastating losses from last year are not looking so bad anymore. Sure, I lost the profits I made, but at least my initial investment is inching back, thanks to you." --Mark
I have been wrong on some things, and not yet proven right on others. But this is a game of probabilities and winning more than you lose and on that front, I am happy with my record. The markets are a work in progress and do not care about predictions etched in stone from gurus on high. Probabilities based on fundamentals, out-lier indicators and of course technicals... dat's da way ta do da mahkits my friends.
Edit (3:54) Another subscriber had mailed me his thoughts that this could have been the run up to a share offering. Well, bingo Scott! But as is typical of this rare company that I actually trust, it was done in atypical fashion to the usual miner financing mill:
Morgan J. Poliquin, President and CEO of Almaden noted that, "We were approached by a small group of strategic investors who plan to be long term shareholders of the Company and that are excited about the prospect generation process that Almaden follows. We are convinced that these investors will support the Company in future financings and in generating future support for the Company."
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