drbubb Posted January 4, 2022 Author Report Share Posted January 4, 2022 NEW TRADE: MUX / McEwen Mining... will update Month End and Year End positions later ... But meantime, here is a New trade from last Friday Bought 1,000 MUX shares at C$1.14, costing C$1.14 x1,000= C$1,140. Mentee got this, by selling ... Sold. 3,400 SMD shares x0.35= C$1.190 - $1,140, and repaying C$50 on the Loan CHART Update: The SMD shares originally cost $0.39 a share, or C$1326, so selling them meant booking a Loss of $C0.04 x 3400= C$136. If we add that loss to MUX cost ($1,140, +$136 = C$1,276), it is as if we bought the MUX shares at C$1.276 per share, which is 23.9% above the Low of Year ($C1.03), and 38.4% below the High of 2021 ($C2.07) MUX in C$. from Jan.2016: 5yr: 2yr: 1yr: 10d / Last: C$1.14 > MORE on: MUX thread: "xx" Link to comment Share on other sites More sharing options...
drbubb Posted March 8, 2022 Author Report Share Posted March 8, 2022 UPDATE, with new trades (MUX eventually was unwound.) Last: SMD.v : 10d : C$0.41 / MUX.t : C$1.13 = 36.3% MUX was disappointing - had some bad news, but is bouncing back now - to breakeven in overnight trading. I have agreed to unwind the SMD > MUX swap from a few weeks ago. This will help Mentee's NAV slightly, since that will also unwind the small loss on the swap trade. Meantime, we SOLD 1,000 GSVR shares at $0.69 and exercised the warrants at $0.45. This will result in profit on the trade of $0.24 x 1,000 = C$240 -$30= C$210 ( x41.44= C$8,700 ) That's not a big score, but it is an 8-bagger, +700% Gain on the cheap $30 cost THESE moves will help to recover some of the big loss on WM.t / Wallbridge, which was in a downtrend until recent days. WM.t / Wallbridge Mining... 2-yr: 1-yr / Last: C$0.36 +0.01, +2.86% (YrL: $0.305 - YrH: $0.68) : 14.7% of range 5yr-Log Link to comment Share on other sites More sharing options...
drbubb Posted March 17, 2022 Author Report Share Posted March 17, 2022 Many are in uptrends now... or may be soon Update: WM: 0.35 Link to comment Share on other sites More sharing options...
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