MARKETS,Anybody even yet?

[dinghy]

Dumb selloff in NGD imo. Revenue was a little short, but that's because they did the thing where they produced more than they sold. Copilot suggests "the market may be reacting to lack of upside surprises."

Only in gold mining, the expectations aren't the expectations.

NGD +19% this morning on well-received earnings.

AEM reports this evening, followed by AGI tomorrow.

[dinghy]

I'm accumulating CWH. 25% selloff today seems a bit overcampinated.

[dinghy]

Buying AGI in the 29s. Alamos beat on earnings, but disappointed on guidance.

I have some questions about the details, but I think this morning's 7% share price decline (now 20% down in two weeks) adequately factors the negatives.

[wildman49]

Another gap and trap today, last trading day of the month not the best trading day.

[olds442jetaway]

I nibbled at AGI and WDOFF. Would like to get more on a dip.

[dinghy]

I nibbled at AGI and WDOFF.

Two of my toppest holdings.

I didn't find anything objectionable in the AGI report. I think people have unrealistic expectations regarding guidance. Mining activities can be bumpy. Alamos was disrupted by an earthquake (a "seismic event"). But the gold is still there, and will still be mined. And I noticed they sold less than they produced, so they were probably penalized for that. Of course that'll even out in the quarters ahead.

We're headed into tax loss selling season. Miners should be clear of any pressure from that, as they've been huge winners this year. But strong buying opportunities could develop among the loser industries. This week I bought more CAG, FLO and GIS. And new position, HRL. I have plenty of cash to continue adding. My beloved chemical stocks aren't far off the lows, so I could C them offering further enticement.

[olds442jetaway]

I noticed Alamos also had some down time due to electrical issues at one location in September and earthquake related events in October. Other notes about fire evacuations, but I thought the report for the third quarter was looked really good going forward. As to WDOFF, notes about connecting tunnels etc. with expectations of good finds related to that. On and on. Also a good report.