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Super Stock Picker Forum > About Strategies > The Super Stock Picker and You > ORE or IAU

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Topic: ORE or IAU (Read 19139 times)

mo_rocks

Jr. Member

Karma: 0
Posts: 7

ORE or IAU

« on: November 02, 2010, 10:11:55 PM »

If I were to consider getting into either one of these (or both) right now, which is the better pick? Or what allocation is recommended?

Globe and mail puts IAU at strong buy, ORE at buy
Speculation of takeover possibility of ORE makes me lean that way. Also I've seen that Cannacord raised the target from 3.25 to 4.75

Any opinions? As of now I'm thinking 80% ORE and 20% IAU


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bryanmcn

Hero Member

Karma: 2
Posts: 360

Re: ORE or IAU

« Reply #1 on: November 09, 2010, 11:16:52 AM »

You might want to wait for ORE to pull back a bit.

By the way - all the SSP weekly picks are doing well. The portfolio has delivered a 90% return in the past year! That still doesn't gain back the losses from 2008 but its getting there!

I notice that SSP's performance gains tend to come in waves. I hope I can catch a bit of this one.


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