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RE: TIB: Today I Bought (and Sold) - An Investors Journal #357 - Gold Mining, Marijuana

in #investing6 years ago (edited)

I like Yamana for a few reasons.

  1. Its operations are in Canada and Latin America - so not exposed to the craziness of labour that has become South Africa
  2. Its share price is low and the options market is liquid enough (if you are patient to sit in the middle of the spread). This makes it easy to hold the stock and a portion in options (including spreads)

Note: I do not have to worry about capital gains as I have a massive capital loss that I am still working away. That does make my approach much more interested in capital growth and timing independent.

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