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Message: Tired of waiting - FOR NOW
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KeithH
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Tired of waiting - FOR NOW

posted on May 16, 08 03:23PM

Hi,

I sold my shares today on some strength and a little profit.

I still think this company will do very well over the mid to long term but I'm taking a break from it until (1) we see some more positive news or (2) we see a 10 - 15%price drop making it even more attractive to buy and hold till the good things start to happen. I will keep a little cash free in case for when one of these 2 buying situations happens. . . . . and you can bet it will.

I should note that my preferred investment in this sector is TTM Resources (TTQ) (referred to by someone else in an ealier post) which I own and have been picking up more of this week on price weakness. But AUA is another gem and I expect to be back in in the not too distant future.

In Success ! ! !

KeithH




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Investment Ideas

Like Adanac Molybdenum? Then you might also be interested in Shoreham Resources Ltd

Shoreham Resources Ltd
  • Pre NI43-101 Resource of 91M tonnes grading 0.054% Mo
  • Pre NI43-101 Resource of 650,000 oz/Gold at Marudi Property, Guyana
  • Recently identified 215.0 m of 1.15g/t gold at Marudi