Sean K Trading

[Captain_Chaza]

It's before the bell but I'm putting up the weekly summary at current prices.

MEI has gone from deep in the red to saving my arse. That's the market for you.

If I took out URNM and WIRE this would be a very good table. KNG and SR2 are play things.

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My Playthings costs me a Lot More----Money isn't Everything

As we say at Sea 'If Money is Your Problem , You have No Problem"

Salute and Good Going

 

[dyna]

Money isn't Everything

TIME... is everything , Skipper .
When you're aware that you're running out of the stuff , you know , you really have no other problem .
C'est vraie !

 

[farmerge]

Lucky roll of the dice with MEI. I'm now miraculously in the black after having lost a few shirts on paper. Fingers crossed China doesn't all of a sudden change their mind on rare earths. I doubt this little party is going to last but it would be nice. Might be enough to cover my bill at Vue de Monde last week.

My koalas turned up in the mail today. I'm going to have to upgrade the pirates chest to something more sturdy soon, or drop them at the RIH so gg can add them to his secure stash under the bear garden.

View attachment 197634

Nice. Won't become an endangered species while you hold them thar coins.

 

[Sean K]

Closing the shop early today to sort myself out for ANZAC Eve/Day.

I'm 'on duty' tonight at the Demons/Tigers game at the G as part of my responsibilities being on the committee of the Military Veterans Group of the Melbourne Cricket Club. This mostly entails watching out for Navy veterans who usually imbibe too enthusiastically.

Didn't commit to anything this week as I was a bit distracted and it's hard to know what The Donald is going to say or do next.

The rare earths jizzem subsided but things are still out of the toilet. I have a feeling it's going to go back to being suppressed as soon as there's some deals being made with China on tariffs, but who knows.

If I double down on URNM the overall number here will look better. Bad timing or bad trading. Something bad going on with this anyway.

Still 53% cash.

 

[finicky]

The rare earths jizzem subsided but things are still out of the toilet

Pretty trippy and lurid metaphor

 

[rolly1]

Closing the shop early today to sort myself out for ANZAC Eve/Day.

I'm 'on duty' tonight at the Demons/Tigers game at the G as part of my responsibilities being on the committee of the Military Veterans Group of the Melbourne Cricket Club. This mostly entails watching out for Navy veterans who usually imbibe too enthusiastically.

Didn't commit to anything this week as I was a bit distracted and it's hard to know what The Donald is going to say or do next.

The rare earths jizzem subsided but things are still out of the toilet. I have a feeling it's going to go back to being suppressed as soon as there's some deals being made with China on tariffs, but who knows.

If I double down on URNM the overall number here will look better. Bad timing or bad trading. Something bad going on with this anyway.

Still 53% cash.

View attachment 198092

Any particular reason you go for pmgold over just gold?

 

[qldfrog]

Any particular reason you go for pmgold over just gold?

If talking asx code pmgold has the WA backing in a matching physical gold equivalent, and the possibility of mining it if missing, whereas Gold has the backing of NY big bosses...
That is why for me, not sure for mr @Sean K

 

[Sean K]

Any particular reason you go for pmgold over just gold?

I think you mean physical gold? Or, GOLD the EFT?

Either way for me it's just a convenient way to play the AUD gold price without needing to stash some of it under the beer garden at the RIH with gg's hoard.

 

[rolly1]

I think you mean physical gold? Or, GOLD the EFT?

Either way for me it's just a convenient way to play the AUD gold price without needing to stash some of it under the beer garden at the RIH with gg's hoard.

Soz I should have been clearer both etf's. I just noticed on my IB platform it says pmgold has clearing issues and you can only place stc orders.

 

[Sean K]

If I double down on URNM the overall number here will look better. Bad timing or bad trading. Something bad going on with this anyway.

Haven't quite doubled down, but added a few on what could be close to a floor. That means it'll tank for no real reason or a reactor will implode somewhere.

 

[Sean K]

Just added about 1/3 more to the URNM pot this week. Could have gone more but lack conviction on U at the moment.

Thought about more WIRE, and still thinking. Might have enough but feel very strongly in the long term play.

I think I've reached my limit of holding 15 things, plus the coins. I could manage 20 I guess, but that could be throwing too many darts. I want to have some balance of diversification and concentration.

Now aiming to have about half in ETFs and half of those themed and half diversified. Mostly growth.

So, around 15 with 6-7% in each.

Still 50% cash which will just be added to current holdings at this rate unless something jumps out at me.

 

[Sean K]

I've thrown some spare coin at WCN at 3.2c as a gamble to see if they can follow up 175m @ 2.5% copper. Surely that can't be an anomaly.

 

[Sean K]

Drill results from FFM this week were around as hoped but I'd like to see some success in exploration away from the known deposit. But, results in extension drilling were good enough for me to add a few more today. I take brokers valuations with a grain of salt but they're more than double the current price so there's probably some upside from here if copper doesn't go custard pear.

 

[Sean K]

Updated weekly comments.

 

[Sean K]

Taken a small stab at AZY at 47.5c.

I think it's going to be taken over by Greatland Gold.

 

[Sean K]

Sean K is trading from a boat in the Med for the next 2 weeks.

Currently en-route to Barcelona and then jumping on a boat going to Rome via France and Greece.

New stops for me will be Corsica, Sicily and the Amalfi Coast.

Will send a postcard.

 

[Dona Ferentes]

Sean K is trading from a boat in the Med for the next 2 weeks.

Currently en-route to Barcelona and then jumping on a boat going to Rome via France and Greece.

New stops for me will be Corsica, Sicily and the Amalfi Coast.

Will send a postcard.

give us a shout if you meet chazza... she's operating in those waters.

 

[Sean K]

give us a shout if you meet chazza... she's operating in those waters.

I hope we will be avoiding pirates.

 

[countrylad]

Taken a small stab at AZY at 47.5c.

I think it's going to be taken over by Greatland Gold.

agree and is part of my reason too, however if that does fall over they have the basis of a very good gold mine themselves.

 

[Captain_Chaza]

Bon Voyage Capt Sean and I wouldn't Worry about Pirates

You Don't have enough Uranium, Copper and Industrial Metals onboard for them to be Interested in

Salute and Stay well