GBA Presents: House of Gummy-!

I believe we have surpassed all prior GBA threads Radio Savant included. And this is most likely the most famous and most viewed thread ever here at ET.
I know Baron is dying to give me some sort of thank you/ payout./



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stonedinvestor said:
up 43% jmgp

TORXF Torex Gold Resources Inc.

$15.87 0.36(+2.29%)3:57 PM 05/17/24
More...

I owned Torex briefly around $14 a share $Cdn right after they reported great numbers. Very strong fundamentals for this space. The stock mysteriously dropped next few days so I sold when it bounced back to just over my purchase price. It then shot way up and is $21.58. I suspected on the first move it was headed back up to $24 area but never pulled the trigger. There is a lesson there I suppose I got fooled by some group of random sellers. This is frequent on the TSX commodity area even the large mid caps act thin until some big buyers pile in. You really need to track the stocks get familiar with their trading patterns and I was new to Torex.

At current prices I wouldn't buy it probably better plays on a risk/reward basis.

Stocks I follow carefully now : Fortuna/Kinross/Endeavor Silver ( all well received earnings reports ), OceanaGold/Equinox Gold ( laggards with mediocre reports ), MAG Silver. I tried B2Gold Friday it hardly moved so I bailed for now. Some riskier stocks I followed closely but they may have rallied too fast short term are Bear Creek Mining, Calibre Mining, Surge Copper. Major Drilling could make new highs if the metal trend continues. I used to trade HudBay Minerals, Taseko, Lundin on the copper front but not for quite a while. At one point I successfully traded Taseko in a range ( roughly $1.60-$2.20 ) but it's now $4. Surge Copper bottomed out around 0.06 it's 0.22 now. I traded Hudbay around $6-$10 in the past it's now $13.98.
 
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<<Preakness Bets>>

It would be fun to have Dan win again but his odds are bad so we couple him with new entrant Tuscan Gold. Bet is WIN PLACE both have to hit.

Mystik Dan Win
Tuscan Gold Place

Then our long shot pick is a horse that likes to run in the slop. And the track is quite wet.

Uncle Heavy To Win.
 
Nine_Ender said:
I owned Torex briefly around $14 a share $Cdn right after they reported great numbers. Very strong fundamentals for this space. The stock mysteriously dropped next few days so I sold when it bounced back to just over my purchase price. It then shot way up and is $21.58. I suspected on the first move it was headed back up to $24 area but never pulled the trigger. There is a lesson there I suppose I got fooled by some group of random sellers. This is frequent on the TSX commodity area even the large mid caps act thin until some big buyers pile in. You really need to track the stocks get familiar with their trading patterns and I was new to Torex.

At current prices I wouldn't buy it probably better plays on a risk/reward basis.

Stocks I follow carefully now : Fortuna/Kinross/Endeavor Silver ( all well received earnings reports ), OceanaGold/Equinox Gold ( laggards with mediocre reports ), MAG Silver. I tried B2Gold Friday it hardly moved so I bailed for now. Some riskier stocks I followed closely but they may have rallied too fast short term are Bear Creek Mining, Calibre Mining, Surge Copper. Major Drilling could make new highs if the metal trend continues. I used to trade HudBay Minerals, Taseko, Lundin on the copper front but not for quite a while. At one point I successfully traded Taseko in a range ( roughly $1.60-$2.20 ) but it's now $4. Surge Copper bottomed out around 0.06 it's 0.22 now. I traded Hudbay around $6-$10 in the past it's now $13.98.
More...



I like Taseko. Have used Surge in the past....

Nine do you dabble in uranium mines?

DNN Denison Mines Corp.

$2.24 0.14(+6.67%)4:00 PM 05/17/24
NYSE |$USD |Post-Market:$2.248:00 PM
 
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Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. FMR LLC acquired a new position in Denison Mines in the 3rd quarter valued at $39,013,000. MMCAP International Inc. SPC boosted its position in shares of Denison Mines by 37.7% in the 4th quarter. MMCAP International Inc. SPC now owns 31,390,336 shares of the basic materials company’s stock worth $54,148,000 after buying an additional 8,592,121 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Denison Mines by 7.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 49,008,885 shares of the basic materials company’s stock worth $86,228,000 after buying an additional 3,342,434 shares in the last quarter. Alps Advisors Inc. boosted its position in shares of Denison Mines by 5.4% in the 3rd quarter. Alps Advisors Inc. now owns 40,076,124 shares of the basic materials company’s stock worth $66,126,000 after buying an additional 2,053,646 shares in the last quarter. Finally, Intact Investment Management Inc. purchased a new position in Denison Mines in the 3rd quarter valued at about $2,774,000. Institutional investors and hedge funds own 36.74% of the company’s stock.

Something is up here these are large ass purchases for a $2 uranium stk nobody knows.
No sellers?

Something is up/
 
Here is the other one I'm working on: I don't like it as much as Denison.
NexGen Energy plunges on dilutive $250M deal for physical uranium
SA NewsWed, May 08

Company Profile
NXE

NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan. The company is headquartered in Vancouver, Canada.
 
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