I bought more as well last week, GWR1...not thinking about picking a bottom, but just to increase my silver ounces in the ground.
I believe that if it's undervalued at $.80 per ounce in the ground, then it must be more of a deal at $.50 per ounce, and now...it must be more like $.30 per ounce. Silver will trade at $200 per ounce in a couple of years...and in the New Year, there will be another 43-101 resource estimate showing even more ounces! I want to be ready.
I may be luckier than some here in that I do have some winners to sell, even in this market! I actually had tiny green shoots today in three of 20 that I follow. I will be taking some profits in the New Year and filling my AUM pyramid a little more.
It certainly makes no sense that our friend ECU is now trading at less per share than GOG! Poor M.Roy must be tres fache, n'est ce pas?!
lp,
gildage