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Old 10-14-2010, 09:56 AM
idiotstockinvestor idiotstockinvestor is offline
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Default Cheap TSX Venture Gold/Silver stocks

http://caps.fool.com/blogs/cheap-tsx...dsilver/416197

That was a good post, the OP was trading some of the cheaper gold stocks on the TSX Venture exchange.

One thing I note is that the highs that the OP hit and made money on are gone, and the stocks have dropped significantly from those positions.

Still, if you want to gamble a bit and know the geo-political factors behind Gold exploration and know how to call a good company, I think you could do well.

What I take from that article is that you should never buy at a high with those types of stocks, look at the 52Week low and high, and only buy if it hits near or below the low point. I believe that way you minimize your risk, and it would have proved true for some of the OP's examples.

Of course the other factor is that this is not a "buy and hold" type of stock trading. You will have to watch for fluctuations and make the call to sell to make a decent amount of profit.
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Old 10-14-2010, 09:57 AM
idiotstockinvestor idiotstockinvestor is offline
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Default

Here is a list of "cheap Canadian gold mining stocks":
http://latestgold.com/marketcaps?sort=asc&order=Last
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