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XMFSinchiruna (27.04)

Whoop, There It Is!

Recs

97

February 18, 2011 – Comments (70) | RELATED TICKERS: GPL , SLW , SIL

Whoop, there it is!: Silver boldly moved above $32 on a down morning for gold. The dynamic I discussed in my catalysts article, whereby ultimately leads gold higher in the next phase of the bull market, is in play.

Whoop, there it is!: Great Panther just took out the $3 level for the first time. The sky's the limit for this one now. I brought Great Panther to this community's attention countless times over the years, most recently on September 7 when the stock traded for $0.84. That's a 257% gain in 6 months. You're welcome!

Whoop, there it is!: About six weeks ago, I gave Fools an inside track on the next potential runaway stock in the sector.  Copper Fox Metals traded at $0.94 on 1/4/11, and today touched $1.43, for a 52% gain in 6 weeks. You're welcome. :)

Whoop, there it is!: Shortly after The Silver Manipulation Bombshell broke the back of the silver shorts and set silver loose on its late-2010 charge, I offered up Hecla Mining as a solid play for post-manipulation silver on 10/28/10. The stock traded at $6.84 that day, and today fetches $10.54, for a 54% gain in less than 4 months. You're welcome.

Whoop, there it is!: And of course, there's good 'ole Silver Wheaton. I pleaded with Fools to snatch up shares on the very same day it hit rock bottom of $2.51 on 11/25/08. Just over a year later, after a monster 500% surge from that low, I pegged Silver Wheaton as the top stock to own in 2010 ... and it was ... outpacing even Apple and Akamai with a 160% move to $39.04 by year-end. Along the way, I raised my forecast for SLW to $100 per share before this silver bull completes its trajectory. I have no doubt that it will.

I seriously am not writing this post for some ego-centric thirst for accolades, so please don't take it that way. I do have an interest in documenting these and other calls I've made for the written record. But more importantly, there's one thing I've really been wanting to know ... have I made you some real-life, locked in gains? I receive occasional e-mails to that effect, which I am always happy to receive, but let's try it this way, give me a "Whoop, there it is!" in a comment below if any of my stock recommendations over the past few years have contributed directly to any locked-in, tangible gains in your investment portfolios. After all, that's why I'm here, and it's the ONLY reason I'm here.

 

 

70 Comments – Post Your Own

#1) On February 18, 2011 at 11:33 AM, jesusfreakinco (29.01) wrote:

Chris,

You have been one of my key go-to analysts in the past few years.  I can't thank you enough for the posts and picks. Can you reiterate your calls for 2011?  I seem to remember you saying we'd hit $50 silver in 2011, but don't want to put words in your mouth.

Also, any analysis on why the miners aren't seeing the same gains as the metals?  Is this a buy the metal, sell the miners spread play?  I would have thought the miners would / should be up 2x the metal or so.  I have confidence they will, but any thoughts you have would be appreciated.

JFC

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#2) On February 18, 2011 at 11:36 AM, jesusfreakinco (29.01) wrote:

GPL, SLW,  CPFXF - got them all.  Bought some Copper Fox a couple of weeks ago and am up 40% already.  Just wish I'd bought more.

Have doubled my mom's portfolio in less than a year based on AGQ and SLW.  Gonna exit AGQ soon because of derivative risk and rotate to some junior minors.  2011 will be a breakout year!



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#3) On February 18, 2011 at 11:44 AM, XMFSinchiruna (27.04) wrote:

jesusfreakinco

Nope, I never attached a year-specific timeframe to my $50 call. I think it could very likely come this year, but I'm not banking on it. 

Gold's failure to break out here is troublesome, and if it persists, that combined with the extent to which silver has stretched the price ratio to historic lows could lead to something of a snap-back in the near-term. And if that occurs, we could in fact see a deeper and more prolonged correction before continuing higher. Gold needs to retake and hold its previous all-time USD high in order to remove that risk, and I'd like to see it happen very, very soon. Because it has not, I continue to raise my cash position gradually into this beautiful surge for silver.

As I write this, silver's rocket ride is just beginning to tug gold into strength. We need to see more of that before silver'sa breakout can truly be trusted as a climb-aboard sort of event. The suspense level is high, as it seems this one could go either way in the short term. Anyway, it's never a sin to lock in major gains, as long as we're leaving the majority on the table for the remaining likelihood that this all continues higher even in the near-term. If gold retakes the high, the next leg higher will be swift and powerful!! i.e. gold above $1,500 in a heartbeat.

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#4) On February 18, 2011 at 11:44 AM, MoneyWorksforMe (< 20) wrote:

Excellent job Sinchi! 

I hope you capitalized on the previous correction, as I did. I took advantage by increasing positions in HL SLW and GSL, and started a few smaller positions included Copper fox and one in Aurcana and have been rewarded handsomely. In retrospect I wish I had more cash on hand to buy more, but this was the first time I aggressively bought on a correction, so I guess I have to put my actions into perspective.

You have been excellent at spotting winners in this space. Much of what I own was first recommended by you. Following one of your recommendations I'd do my own DD and choose what I thought were the best of the best...

You have also provided the Fool community with excellent analyses and coverage of the silver and gold markets for several years now... 

+1000 recs 

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#5) On February 18, 2011 at 11:48 AM, magnetpal (< 20) wrote:

Sinch, you have been my inspiration into precious metals. When I decided gold/silver is the one to go, I did not know where to look for the information. By great luck, I found you!

I bought GPL,SLW, EXK, CopperFoX, GRS, CDE call options and what not from your suggestions! You know how these stocks did now :). And GRS, CDE call options, I am already up by 200% or 300%.I went boldly for call options after your great pitch. I am planning to book profits in the coming week where earnings release will boost the miners.

 Whatever success I had till now, I owe it to you Sinch. Please keep up the good work.

 

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#6) On February 18, 2011 at 11:55 AM, silverminer (30.52) wrote:

magnetpal

That's the kind of "whoop" I was looking for. You have no idea how happy it makes me to know I helped guide even a single Fool into some meaningful real-life gains. Again, it's the only reason I'm here, so it really helps me to validate the career move I made from enjoying the out-of-doors as a yacht captain to forgetting what the sun looks like in front of my computer. :)

Thanks for the 'whoop', and good luck locking in those gains. Moves like this make it so easy to pare positions a touch, do they not? :)

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#7) On February 18, 2011 at 11:58 AM, magnetpal (< 20) wrote:

DBLE - I saw  a strong pitch for this in your as well as Babo's. I had 100% gain, profit booked.

CGR, AXU - are in good positive percentage.

 MFN - call options 50% up

AUY - a call option, 50% up (all call options, will be booking profits next week).

 Basically I went for call options which were laggards in the last year (to make sure they dont lose so much on the negative side, just in case) and went for stocks which have good momentum. I am rewarded in a good way.

 Considering my investment started in Nov, I can not complain much :).

 

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#8) On February 18, 2011 at 11:59 AM, silverminer (30.52) wrote:

MoneyWorksforMe

I moist certainly did capitalize on the correction. 

See my comments from this blog post on 1/21/11:

I'm not calling a bottom to this correction, since I never underestimate the short-sightedness of the weak and margined longs combined with the idiocy of the algorithm-driven big money, but now that gold and silver equities have sold off substantially from their recent peaks, the attractiveness of the sector for those retaining confidence in the continuation of the multi-year trend has been significantly enhanced already. As I mentioned in my last post, I have begun to redeploy the cash I raised last month in a systematic way, gradually increasing the pace of redeployment as the correction carves deeper.

.....

For all of these reasons, I believe we have entered a condition where, from this moment on until the last highs are taken out with fresh ones, this must be seen as your last best chance to go for the gold and silver. Optimized entry prices are logical to target, but those utilizing discount brokers may wish to ease into positions beginning now so as not to be left out in the event of a major pm-pushing development. I don't care whether $1,340, $1,280, or any old price ultimately ends up being the lowpoint for gold in this correction ... that will not affect my procedure for gradually accelerating buying activity into bouts of near-term weakness. [IMO, however, the likelihood of breaching $1,280 is very remote, if even it comes to be tested.] On the flipside, I'll likely begin to raise some cash anew once the next surge brings us beyond the $1,500 mark. I aim to raise a 15%-20% cash position into each successive breakout in gold and silver, and redeploy most of that capital systematically into each successive corrective pause. When you approach the sector in that way, you can truly come to welcome the pullbacks just as surely as you welcome the dramatic upswings. I still conduct TA, and I pay close attention to it. I still go into corrections with several likely support levels in mind, but I no longer care about trying to pinpoint the exact pivot point as I was fortunate enough to manage correctly a few times in the past. Such forecasts may inform the pace of my buying at a given level, but that's the extent of it.

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#9) On February 18, 2011 at 12:06 PM, Momentum21 (46.75) wrote:

I will give you another whoop for my SLW gains of 50%+...it would have been a double if I would have hung on so I come back to admit my ignorance. : )

Double whoop...congrats!  

I no longer own silver but I will continue to root for it. 

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#10) On February 18, 2011 at 12:16 PM, whereaminow (< 20) wrote:

Great work!  You've helped me understand the precious metal world more than any other person.  I need to pick up some SLW!  I can't believe I don't own this stock :(

David in Qatar 

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#11) On February 18, 2011 at 12:20 PM, darroj (29.51) wrote:

No whoop yet, but I picked up some GRS, NXG, and TC recently, thanks to you and UL blogging about them :) Debating about picking up some DSX also. Thanks for all your efforts and congrats on the success!

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#12) On February 18, 2011 at 12:23 PM, Jbay76 (< 20) wrote:

Whoops there it is!!!!! Isn't that from MC Hammer?

 

Nonetheless...Chris you ARE Da' Man Brudda!  All my current miner picks are courtesy of your threads/information.  After some DD, and many questions which you always answered, I am enjoying gains in RBY, EXK, GPL, HL, FRG and AXU.  If it wasn't for my damn school loans, I woudl have gotten CPFXF shortly after your first post on it.  But my desire to be rid of the loans and debt free wins first.  However,I turned my co-worker on to them via your post and he is sitting pretty on the current gain.  I hope to get in on CPFXF in April when when I finish one loan before starting another one.  Beers on the house if our paths cross!!!

 

On a side note, I had no clue GPL was doing so good today becuase Goggle friggin sucks by not recognizing their ticker symbol...jerks!

 So thanks Chris for all your work and willingnes to share!

J

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#13) On February 18, 2011 at 12:24 PM, mhy729 (30.59) wrote:

EXK, SLW and GPRLF.PK (now GPL) have done very well for me.  My only regret is that I didn't load up more when I had the chance (also sold some GPL too early as it turns out...did not expect silver to run up as hard as it did in the 2nd half of last yr).  I also have a sizable stake in AUY that is currently up 20%.  Thanks for your enormous help in finding my way around the gold/silver space.

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#14) On February 18, 2011 at 12:26 PM, cbwang888 (25.44) wrote:

Still long silver stocks and load up March GDX $52 calls weeks ago when GDX @ 53s... I think this bull run is going to continue to the end of April.

Gold is lagging as it track crude oil more.

Silver and base metals will continue to shine in USD.

 

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#15) On February 18, 2011 at 12:28 PM, kdakota630 (29.70) wrote:

TMFSinchiruna

A huge thank you for all you've done, particularly with your Great Panther and Copper Fox picks.  I'm doing quite nicely with both based mostly on your finding and recommending them.

If we ever meet, I'm buying you a huge bottle of whisky as a token of my appreciation.

Question - I have more money I want to put into Copper Fox.  Would you suggest just biting the bullet and buying it at it's current peak, or do you think there'll be any retracement and therefore holding off and trying to grab it cheaper?

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#16) On February 18, 2011 at 12:29 PM, mhy729 (30.59) wrote:

Yeah, I sent in a message to the Google Finance folks about that.  Rather annoying to see my GPL position as having fallen by 100%.

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#17) On February 18, 2011 at 12:35 PM, silverminer (30.52) wrote:

kdakota630

So glad to gear it, and like any good Scot I do enjoy a good dram. :)

As for your question, those short-term questions are always the hardest to answer, and approaching impossible when you consider the intraday volatility of a stock like this that's now just beginning to garner the attention of the market.

I will say this: I bought the majority of my Copper Fox beneath $0.10 per share, and really doubled down the last time it slipped below that level. I then sold a little chunk when it broke out above $0.28, and kicked myself as I watched it run above $0.40. I bought that entire portion back at $0.38, which felt painful at the time, but I certainly have no regrets today.

I can't say what this stock will do later today, or next week, but I can convey my intention to hold this one as a core holding for the long haul. I think Schaft Creek gets built, and for a valuation of the company in production I refer you to the pre-feas.

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#18) On February 18, 2011 at 12:39 PM, tdonb (< 20) wrote:

GPL and CPFXF for me. Nothing locked in yet, but both doing well.

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#19) On February 18, 2011 at 12:46 PM, 100ozRound (29.45) wrote:

Whoop de doo...

Sorry couldn't resist a friendly jab :)

How about SLW, EXK, HL, GPL, SVM, and TGB  - all in at the November 08 bottom with the exception of GPL.  Since you were still holding strong during that dramatic drop, you convinced me to pull the trigger based on your convictions alone.  I had already done my DD just waiting for the right moment to get in.

 

Thanks!!!!!!!!!!

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#20) On February 18, 2011 at 12:55 PM, leohaas (31.18) wrote:

You now have so many followers, that you can move the market!

Just kidding. Excellent work. When you talk about precious and semi-precious metals, we listen:
 - I bought (and sold way too soon) SLW and HL, partyly based on your writings
 - I bought (and still own) GDX, buying in to your basic arguments on why gold will continue to go up, and that gold miners are a leveraged play on the gold price
- I bought (and have no intention of selling any time soon) GRS and CPFXF, fully trusting your judgement!

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#21) On February 18, 2011 at 1:10 PM, GNUBEE (24.26) wrote:

I'll see your "Whoop Whoop", and raise you a "Yeahhyy Yeahyy".

Congrats again for sticking to your guns, using your brain, not following the herd.. and enjoying the payoff.

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#22) On February 18, 2011 at 1:32 PM, Bays (30.03) wrote:

Although I haven't jumped in all of the above calls, I was lucky enough to get in SLW at $2.90 CAD!

Great job, Chris!

I would never bet against you, that is for certain.

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#23) On February 18, 2011 at 1:43 PM, fndr489 (80.32) wrote:

I too would have missed out on some modest gains had I not been keeping up with your articles and blogs.  Thank you for your hard work and willingness to share your thoughts with the Fool community!

Justin

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#24) On February 18, 2011 at 2:11 PM, dragonLZ (99.35) wrote:

Great record, Sinch.

Congratulations and Good luck in the future.

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#25) On February 18, 2011 at 2:17 PM, Marty1a (< 20) wrote:

Thanks Sinch!  Your encouraging words on handling the US income tax rules for CEF allowed me to not only hold on to my gains but add to the position before the recent run-up.

I am also up nicely on HL and GRS, and have made some co-workers very happy with my suggestion to look at Great Panther, though I haven't yet bought any of it for myself! 

 

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#26) On February 18, 2011 at 2:20 PM, SN3165 (< 20) wrote:

GPL $1 and EXK $4 partially because of your help on here. Cheers

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#27) On February 18, 2011 at 2:47 PM, silverminer (30.52) wrote:

I can't tell you how encouraging it is to know there's some tangible impact at the end of the day. You know, I spent several years working as an Anthropologist in the Amazon, struggling at the behest of tribal elders to inspire younger community members to bridge the generation gap and learn the language, survival strategies, and time-tested wisdom that their elders were desperately eager to share. At the end of a multi-year stint, I found I had no meaningul way to measure a tangible impact of the work I had done (it's a very long story), so I want you to know it is thrilling for me to now have an opportunity to link the work that I do to a positive outcome for the people it is designed to assist.

This is a tremendously happy day for me; not because my stocks are higher, but because yours are! Thank you to each of you shared your "whoop"s today, and if at $2,000 gold and $50 silver you're feeling extra satisfied with your total precious metal gains, perhaps some of you might consider deploying some portion of your gains in the service of others ... whether by helping less fortunate family members, donating to a worthwhile charity, or maybe even taking some time out to conduct some volunteer work. I know everyone's situation is different ... I just wanted to plant the seed of an idea. I have some ideas for how I'm going to deploy my precious metal gains once I lock them all in, and I was wondering whether any of you had given thought to same.

Because of the environmental devastation that commonly accompanies mining activity, I may seek some professional capacity through which to minimize those impacts.The irony is not lost on me that a guy who spent more than a decade volunteering his efforts toward rainforest conservation and related causes has now come to hold the majority of his investments in the miners of gold and silver. There is a messy conglomeration of karma in there that I'd like to sort out over time. :)

Sorry ... just rambling.

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#28) On February 18, 2011 at 2:56 PM, dcgatlanta (43.97) wrote:

Bought GPL at .87 after the September pitch, and built my SLW position at an average of 17 during 2010.  They are now my two largest positions. 

Also have nice gains on SIL and Copper Fox 

Thank you TMFSinchiruna!!!! 

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#29) On February 18, 2011 at 3:03 PM, silverminer (30.52) wrote:

And speaking of karma, I saw that some of you have already posted to or recced XMFSmashy's farewell blog post, but I wanted to encourage as many of you as I can to take a moment and recognize the contribution Toby has made to this community over the years.

He is an absolute guru on the energy sector, and a proven stock-picker through multiple sectors. I suspect many of you may also have benefitted from his analysis as well, and I hope you'll take a moment to thank him in that post.

Because Toby and I both cover the extractive industries, we worked together within the same team of Fool writers, and from my very first day he helped to get me oriented in what I was doing here and provided a limitless and invaluable guidance to me. He also kept close track of the miners, and his calls on plays like Au-Ex Ventures (later subsumed into FRG well before the recent buyout by NEM) would have earned Fools who heeded his pitch a fortune. Fools met yet wish to consider prospects like ATPG, which Toby sees as a multi-bagger in the making.His top pick for 2011 is Range Resources, and in a series of well crafted articles I think he's made a compelling case for the shares.

He's a brilliant guy, a quintessential Fool with a ceaseless dedication to well-reasoned analysis, and this Fool is very sorry to see him go. Please join me in wishing him all the best in his fuiture endeavours. Thank you!

 

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#30) On February 18, 2011 at 3:09 PM, Dzam (< 20) wrote:

Sinch...you rock...you have been a great resource and mentor in my learning about pm's...I have followed your blog and posts for a  while now and find your thoroughness and knowledge into the sector so helpful...I have followed your recommendations, and am now enjoying the the ride on the magic silver bus...I can only wish that all were on board...GPL is the driver with EXK CDE SSRI buckled in nicely....I could use some cheerleading in BRG and NXG and your current thoughts as they have been range bound.

I am also interested in your opinion on where copper will go from here, particularly if the market does some large correction...there are many black swans on this lake of exuberance ...TGB is a large position and I like the gold "gamble", but think that the copper would be the driver (loss of value) if the market falls apart...

What are you thoughts of a big correction and the effect on the junior miners...fear will go to pms,( my thinking), are they tightly bound together? 

You wrote an article on Discovery of paramount importance... PZG...are you still following them?...thoughts on that would be helpful...

I bet you recognize some of these tickers! A heart felt thank you from me those I try and help...Dzam 

 

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#31) On February 18, 2011 at 3:12 PM, silverminer (30.52) wrote:

dcgatlanta

This is precisely why I wanted to throw the question out there. I had an idea that some of the folks who routinely comment on my posts and articles might have picked up some gains, but I wondered whether there might be some out there who don't often take part in the conversations, but nonetheless draw some benefit from them.

I feel like I've seen your CAPS name before, but I don't think I see you often in the blogs. So let me just say welcome, thank you for posting today to let me know that I've somehow aided your quest for investing profits, and please be sure to stop in and say hi from time to time. :)

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#32) On February 18, 2011 at 3:20 PM, Jbay76 (< 20) wrote:

Chris,

I hear you and am wrestling with the same thing.  As a kid raised on the beach in SB, every night I'd see the Exxon oil rigs out at see and I despised all mining and extraction.  Now, almost all of my investments, IRA or taxable, are mining focused.  I've thought here and there about how to deal with the hypocrosy I find myself in, the very fact the only job I can find keeps a surfer landlocked may be cruel punishment in itself and payment for such investments.  But, I feel that in the end, this will free me to do what I know makes me me, and in that end, I hope to positively affect others in the process.

The antithesis to this is the fact that life is, by its very nature, destructive.  What was once a rainforest is now a desert, what was once a seabed are now mountains, hills, etc. From the moment you are born, you are dying.  Every day you've lived is a day you've died, cells which we are all made of have come and gone in multiples.  Nothing is meant to last forever.

But, life is precious and deserves respect.  I'm sure with time you will find what it is you need to do to make amends with yourself, your actions and the results of said actions.  The fact that you think of such things speaks volumes.

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#33) On February 18, 2011 at 3:45 PM, silverminer (30.52) wrote:

Dzam

Thanks for commenting!!

Let me start with BRG. This is a turnaround story (like CDE and GRS, for example), and all turnaround stories are very difficult to time with precision. I spent years underwater with Apollo Gold (precurser to BRG), but held the small stake stubbornly because I believed in the potential at Black Fox. I increased my stake after doing DD on the merger, and now I sit back and wait patiently for the market to recognize the value in the shares, while crossing my fingers that the company continues to improve operations to tune the engine of its future growth. A big part of the attraction, too, is the relative lack of small-scale producers for acquisition-minded mid-tiers to focus on. I consider BRG an solid takeover candidate.

NXG was a growth powerhouse right up until that ugly 1-year gap appeared in its production timeline between the Kemess South closing and the start of Young Davidson.For me personally, my investment in NXG, even going back to 2007, was always about Young Davidson. The market is short-term focused, and is failing to account for the earnigns that will flow the moment that mine gets cooking along. Like the huge run-up we saw in shares of Osisko well in advance of their first pour, though, one can expect that those expectations will get baked into the shares sometime between now and commissioning. I could easily see a $5 handle by the start-up date, and $8-$10 thereafter (comfortably) as the company builds out its potential elsewhere.

I can't comment on one stock that you mentioned because of recent trading activity. Sorry ... remind me in a few days! :) I could easily see a near-term pullback in copper for multiple reasons -- including the reason you cite -- though longer-term I still see far higher prices on the horizon.

I have widdled down my PZG stake considerably to just a token position. I feel the market went WAY too far in accounting for the discovery. Was it a major and transformative discovery capable of justifying the initial portion of the stock's reaction to just under $3? ... absolutely it was. But do I believe this follow-through to $4 and beyond is warranted given what is presently known about the deposit?... I do not. I could be interested in picking up some more beneath $3, but anywhere above that mark is just to rich for me given the enormous selection of hugely undervalued growth opportunities that dot this investment landscape.

Meanwhile, CGR came out with a discovery of its own that is far greater in both signficance and scale, and yet the market lifted CGR shares by nowehere near the same degree. I consider CGR a far better play from here than PZG.

As an aside, it is interesting to note that my report on Paramount's discovery was the first to cover the find, and the only one to precede the stock's surge that occured the following day.On the date my article appeared, PZG closed at $1.84, and bouncwed to $2.84 the next day. I think that could be the one and only instance in which I may have actually contributed noticeably to the movement of a stock.

Thanks again for posting, and as I would remind you all don't forget to book some profits along the way.

 

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#34) On February 18, 2011 at 3:47 PM, silverminer (30.52) wrote:

Jbay76

Cheers, buddy! Thanks for the thoughtful words.

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#35) On February 18, 2011 at 4:01 PM, silverminer (30.52) wrote:

As long as we're documenting past calls, let me post my article out today, which takes a look back ... and a look forward ... at my uninterrupted #1 favorite growth story in the mid-tier gold space.

http://www.fool.com/investing/general/2011/02/18/this-golden-eagle-is-set-to-soar.aspx

Excerpts:

"Likewise, after the company struck a series of speed bumps in its monumental growth spurt during 2009, I encouraged Fools not to lose faith in the long-term outlook for this leading midtier producer. Although timing gave my selection of Agnico as my top stock for 2009 an underwhelming result -- the stock essentially traded sideways for the year -- focused Fools who held through that extended pause may have enjoyed a portion of the 160% appreciation in Agnico's shares since my October 2008 appeal for patience."

.....

"With exciting new projects like the Meliadine property filling out its development pipeline, a stated commitment to additional increases in its dividend yield, and sufficient cash flow to pursue beneficial asset purchases going forward, I believe that Agnico-Eagle Mines remains near the pinnacle of a crowded field of quality gold miners. If gold prices proceed toward $2,000 per ounce over the coming years -- as Agnico CEO Sean Boyd and I both expect them to -- then Agnico's targeted 50% production growth to 1.5 million annual ounces by 2014 could finally produce the sort of precious timing that led this Fool to tout the miner's incredible potential nearly three years ago."

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#36) On February 18, 2011 at 4:04 PM, silverminer (30.52) wrote:

After today's gain, even though I hold >100 equities in all, Great Panther grew to represent 10% of my portfolio. At this rate, it may soon surpass SLW as my largest holding.

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#37) On February 18, 2011 at 4:39 PM, t0bes (< 20) wrote:

Hi Chris,

A big thank you for all the insight, education and positive effect you've had on my portfolio.  Like many others I'm sure, I wish I'd been following you much earlier and had more cash.

 I'd always been skeptical on gold's value and only started reading your blog less tha a year ago.  But your arguments made sense and I now have about a dozen of your recommendations - the best, SLW, is up 115% in less tha a year.

You've outperformed my paid subscriptions and it's a shame you haven't been running an official MF Newsletter to get the recognition you really deserve.  But I'm sure that will come as you certainly have a gift.

Thanks again

T0bes 

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#38) On February 18, 2011 at 4:58 PM, Gonzhouse (28.12) wrote:

Agree with t0bes completely as I have also have benefitted from Copper Fox, Great Panther, and SLW.  Still hoping Taseko sneaks up on these high-fliers and beats them all with a blow-out earnings report coupled with positive news on Prosperity - Act II.  And I agree with t0bes:  while I have a number of TMF premium subscriptions, my favorite read is your blog, which is free.

To summarize everything above:

Sinch For President!

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#39) On February 18, 2011 at 6:06 PM, Gibson10 (< 20) wrote:

Thanks Chris!

 I bought HL, SLW, MVG and Great Panther the first week of January.

Your advice is Amazing! "my stock recommendations over the past few years have contributed directly to any locked-in, tangible gains in your investment portfolio"

It certainly has!  Big time!   

Thank you,

Gibson10 

 

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#40) On February 18, 2011 at 6:18 PM, workfor (< 20) wrote:

Chris,

Thank you so much for sharing your investing ideas. You my man have a heart of gold. Thanks to you I'm still holding GPL with a cost basis of .82, and a bunch of shares! Whoop yes indeed!

FYI - I've recently helped my aunt out financially who has fallen on hard times with her health, and is struggling to get by financially until she can hopefully get her disability and keep her house. Lord knows she is deserving.You helped make that possible.

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#41) On February 18, 2011 at 6:35 PM, Valyooo (99.38) wrote:

GPL all day!

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#42) On February 18, 2011 at 7:32 PM, bingammj (96.24) wrote:

Bought SLW 2 years ago on your advice, GPL 6 months ago and GRS in January.  All have done very well, as you well know.  So Whoop, There is is!

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#43) On February 18, 2011 at 7:56 PM, silverminer (30.52) wrote:

workfor

Way to go looking out for family like that!!! In the tough times that lie ahead for our economy, that sort of selflessness and togetherness will be indispensible. Bravo!

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#44) On February 18, 2011 at 8:04 PM, awallejr (79.20) wrote:

Yup you made me money with copperfox, exk.  Keep waiting for a pullback on slw, but I guess I will just miss the boat.

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#45) On February 18, 2011 at 8:16 PM, nuf2bdangrus (< 20) wrote:

What's up with JAG?

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#46) On February 18, 2011 at 8:41 PM, silverminer (30.52) wrote:

nuf2bdangrus

JAG is a complete dud, and a possible fraud. Look elsewhere.

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#47) On February 18, 2011 at 9:36 PM, ease1 (90.50) wrote:

Chris, 

I own SLW, GPL, EXK and others and for some I've locked in healthy gains.  Your articles and blogs are well written and provide excellent feedback and information.  Until I began reading your collection I would never have found my way into silver.  Your research and knowledge in this area is unmatched. 

Best of luck and thank you for sharing with all of us!! 

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#48) On February 18, 2011 at 10:04 PM, HarryCaraysGhost (99.62) wrote:

Sinch, much thanks. By reading your blogs I have a much better understanding of the PM markets. (Oh! and a shout out to Chris Grailey).

Silver is my weapon of choice as far as PM's go. I just really like the prospects for industrial use, and it seems undervalued.

I'm not ready to sell yet, I  think it could hit $50 pr OZ.

Diclosure- Own Endevour and Silver Wheaton, wish I had Great Panther.

http://www.youtube.com/watch?v=ijSf-biTGFw

Thanks again.

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#49) On February 18, 2011 at 10:52 PM, hdotmom (< 20) wrote:

Dear Chris,

I just want to say thank you, I just began reading your post and articles at the beginning of this year because like I told you before, I believe the dollar is in for a rough time.  I purchased your top 9 plus slw (I gathered you couldn't put in your top 10 for disclosure reasons) and put some in cef at the end of January.  I am up from 6% to 35% except on 1 that is only down 1.4%.  I have you to thank for this.  hdotmom stands for high dosage oxygen treatments as we have a hyperbaric chamber I use for my son with autism (it has done wonders for him.)  The money I have invested is money we have saved for him.  Currently we are doing adult stem cells.  We did our first adult stem cells in September and saw good results.  We will be going to the Dominican Republic next month to do a second round.  Thanks to you we may be able to do more!  I purchased Copper Fox back in 2006 but also purchased other mining stocks that didn't make it.  I do not know how you know which ones are not scams as I have tried reading reports and doing my dd without success.  So thank you for helping us invest my sons future wisely. 

Rose  

p.s. We have and do give other brain injured children hyperbaric treatments and never charge.        

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#50) On February 18, 2011 at 11:09 PM, outoffocus (23.22) wrote:

I seriously am not writing this post for some ego-centric thirst for accolades, so please don't take it that way. 

Brag man. You deserve it.  You've made so many people on this site richer with your insight into the metals industry. 

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#51) On February 18, 2011 at 11:44 PM, catoismymotor (< 20) wrote:

Sinchy,

Blah, blah, blah...I always appreciate your input...blah, blah, blah...I measure my conclusions against yours once I've done what DD I can...blah, blah, blah...You always give of yourself without asking for anything in return...blah, blah, blah...You are the Master, I will always be Grasshopper...blah, blah, blah...One day when my life calms down I'd like to be able to focus my energies on a sector the way you have. Doing my best to do that with re-insurers / insurance companies.

Yours truly,

Cato

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#52) On February 19, 2011 at 9:54 AM, drdrab (< 20) wrote:

Sinch

I am another who owes a huge debt of gratitude. I bought GPR.TO at $.42, sold half of that at $1.15, still holding the rest. Bought SLW at $8.65, sold half at $27.80 and still holding the rest.

Big WHOOP for you.

Thanks

drab

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#53) On February 19, 2011 at 11:28 AM, silverminer (30.52) wrote:

hdotmom

What can I say? I am floored by your story, and the only thing I can think to do is to offer my time in assistance to your ongoing DD process.

Please send me an e-mail at sinchiruna@cox.net. I would be interested to know the stocks that didn't work out, and would be glad to offer my thoughts as to what may have gone wrong in each case. Congratulations for being an early bird with Copper Fox!

I'm sure I speak for this entire community when I wish for you continued investment success for the benefit of your family.

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#54) On February 21, 2011 at 11:37 AM, doug007 (< 20) wrote:

WHOOP!

Locked in gains?  Not yet.  But I've got some GPL which is now an unrealized three-bagger for me - my first! 

Missed Copper Fox under $1.  I had a couple orders in that didn't fill - I was being "penny foolish".  Should have just bought it.  

I've got a smattering of smaller positions in serveral others GRS,  PZG, etc.

So, a big "THANK YOU" from me.

Doug

 

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#55) On February 21, 2011 at 11:38 AM, jesusfreakinco (29.01) wrote:

Chris,

Any comments on Dan Norcini's CSF post?

http://traderdannorcini.blogspot.com/2011/02/what-is-commercial-signal-failure.html

Trying not to get too excited about it...  We've had many false dawns over the past few years.

Also - Harvey's comments on JPM paper loss position of $150B for JPM.  Could this turn into a liquidity crisis related to JPM ala Lehman at some point?

My opinion is the Fed will step in an backstop JPM's short silver position at some point.  I seem to remember their purchase of the Bears Stearns book being 'guaranteed' or something to that effect.  The Fed is NOT goign to allow JPM to fail IMO because of the contagion effect.  Just trying to speculate on how JPM is going to get out of this loss position and the long-term impact on Silver.

I know you probably would prefer not to speculate, but you are the MAN and most of us Sinchy followers would appreciate any thoughts...

JFC

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#56) On February 21, 2011 at 12:45 PM, hanlerris (< 20) wrote:

With the current run up of commodity stocks, would it be wiser to wait for a pull back, or would it be better to jump in and ride the momentum? Also what stocks still have some more potential to go up?

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#57) On February 21, 2011 at 4:48 PM, Dzam (< 20) wrote:

Sinch...Hi...first I want to comment on the philosophical leg of this thread...it always moves me when one  encourages others to help those that are in need...that one shares ones good fortune as you are able...it touches the most beautiful core of this human experience...kudos to all embrace this as their intention...I hope you have some sublime moments seeing your part in this through your work...

You mentioned in your last post to remind you about TGB that you were unable to comment on...if that window has closed I would like to hear your comments...Thanks so much! ...Dzam

 

 

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#58) On February 21, 2011 at 5:06 PM, silverminer (30.52) wrote:

hanlerris

Everyone's situation is distinct, but speaking in terms of a generally optimized strategy, I consider the top priority gaining some presence of exposure over the secondary priority of optimizing one's entry price. The trend is your friend. If you anticipate or fear a pullback, then a graduated entry process is best ... for i.e. 1/3 a position to start, 1/3 on relative near-term weakness if you get any, and 1/3 on a big pullback if you're lucky enough to get one. But like I said, the same sort of approach may not be equivalently applicable to each investor's unique circumstances.

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#59) On February 21, 2011 at 5:07 PM, silverminer (30.52) wrote:

Dzam

I'll check tomorrow to see whether I am clear to discuss, and post my thoughts here if I am. Thanks for your patience.

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#60) On February 21, 2011 at 5:17 PM, silverminer (30.52) wrote:

jesusfreakinco

Let me take a look at Dan's post and get back to you. It sure has the feel of a CSF, but as I alluded to above I would want gold to take out its prior high before I really relax into this move as a confirned bi-metallic breakout. Without gold's confirmation, the gold:silver ratio is simply too deep into long-uncharted lows.

If gold breaks and holds new highs this week, I will clasp my hands behind my head, kick back, and watch gold march toward $1,650. If gold sputters even slightly, I will likely look to raise additional cash. In either case, the current gold:silver ratio is an incredibly bullish long-term indicator for silver (see discussion above).

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#61) On February 21, 2011 at 5:20 PM, silverminer (30.52) wrote:

torpex77

Please see my above comments re: PZG (comment #33).

Wishing you continued success!

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#62) On February 21, 2011 at 11:31 PM, doug007 (< 20) wrote:

Chris,

I read that with interest.  Thanks!

Doug

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#63) On February 22, 2011 at 10:49 AM, kdakota630 (29.70) wrote:

Sinchi, any thoughts on CZICF.OB?

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#64) On February 22, 2011 at 11:05 AM, silverminer (30.52) wrote:

kdakota630

Yeah, I have some thoughts:

How come I didn't pick up shares at $0.90 when I looiked at it a couple of weeks ago?

I haven't completed enough DD on it to make a formal recommendation one way or the other, and as always care must be used in entering into a spike of that magnitude. That's about all I can say at this point. I'll try to find time for a closer look, but with several hundred companies on my radar these days, it's getting difficult to keep proper tabs on them all.

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#65) On February 22, 2011 at 11:19 AM, kdakota630 (29.70) wrote:

silverminer

Thanks.

I saw it a while ago as a recommendation somewhere and am the one who requested it be added. 

I like the pick but don't really have the money to do anything with it at the moment, but I wish I'd put some money into it when I saw it around $0.80 as well considering the day it's having today.

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#66) On February 22, 2011 at 12:57 PM, magnetpal (< 20) wrote:

Sinch, if possible, have a look at encanto potash (ENCTF.PK). The more DD I do, the more am convinced about its potential.

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#67) On February 22, 2011 at 2:26 PM, silverminer (30.52) wrote:

magnetpal

Thanks ... but I'm avoiding the potash market, solely because I have not had an opportunity to study that market the way I need to before stepping in. I do wish you great success, though!!

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#68) On February 25, 2011 at 3:32 PM, jesusfreakinco (29.01) wrote:

Copper Fox (CPFXF) on a tear...   My purchase is up 70% (bought on 1/25) in a few weeks.  Wish I had bought more...  Thanks Chris!

JFC




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#69) On February 28, 2011 at 12:11 PM, Dzam (< 20) wrote:

Hi Sinch...I am getting back to you about TGB...Eric Sprout has coined a phrase diworsification (that 70% of his fund is in pms and 80% of his money is there)....this is potent...I read on another post of yours that you had sold some of your position in TGB...I have seen an article just posted that TGB and the FN are still going at it...I have sold 25% of this position.  Without the gold factor in this current environment copper seems vulnerable and weak and TGB in the near term feels like a copper play....I am wondering why one wouldn't just move on if ones strategy is to play the pms card...your thoughts on this would be helpful...thanks so much..Dzam

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#70) On March 01, 2011 at 9:44 PM, seekinggotham (27.96) wrote:

Sinch,

 I love your work.  You are a true asset of the fool and it is awesome to see you help and bless others with your incredible analysis of the PMs. 

While I sat on the sidelines with SLW and watched it scream for the moon, I am sitting on 70% gains in Copper Fox. 

Whoop there it is!

Chuck

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