|$$$ At Discovery Board, we focus on speculative plays in natural resources. Mostly gold and silver. Sometimes other precious metals, rare earth, or energy. We are not immune to trading, but we buy and hold core positions is special situations that we really really think have promise.|
I am constantly changing the chart to cheer myself up with whatever I own that rose that day.
TOP TWO HOLDINGS BOTH GET A CLEAR RIDE ON HIGHER GOLD PRICES: FRANCO WARRANTS AND CLAUDE WARRANTS
$$$ LEVERAGE TO THE PRICE OF GOLD Franco-Nevada Warrants of March 2012, strike c$32.00, no cap. Stock now $32-plus. Paying 4.50 lately for the warrants, which are slightly in the money as of late Feb.
$$$ GOLD PRODUCER ~ Claude Resources, CGR / CRJ.TO. I own the warrants, CRJ-WT.TO. Strike price of c1.60, good until May 2013. I am in this because sometime this year I think they are going to make an important announcement about reopening Madsen mine shaft and mill, which they own along with 10,000 surrounding acres of land that includes past high grade underground gold mines besides Madsen.
NO. 3 HOLDING IS A LEVERAGED RIDE ON SILVER:
$$$ SLV calls, $40 calls of January 2013.