BTC Doesn't Say Risk On Yet, WHY Takes a Step

Back when a magnesium shortage suddenly became news, I posted the one stock I knew off the top of my head. The one knock on this company is they never go anywhere. There's a nice magensium deposit, but no advance towards production. They finally did something though: West High Yield (W.H.Y.) Resources Ltd. Signs Forward Contract LOI to Sell Magnesium Ore from Record Ridge Deposit This news is nice to see and moves the needle slightly in that direction, but it's a paper deal. I'm highly skeptical of the mining sector's management. Maybe APG owns a lot of WHY and wants a price boost is the kind of thing I immediately think about. So I looked up APG and found this :Asia Pacific Group (USA) and Yulin City investors form a joint venture to improve magnesium industry supply chain management

3-19-19 – Yulin, Shaanxi Province, China

Reporters in China were informed that international trade negotiations about the magnesium trade, with the U.S. Asia-Pacific Group, have resulted in formation of a joint venture agreement to establish the Xinghe Trade and Technology Company. The company is focused on cooperation in the international magnesium industry trade.

I haven't dug very deep into this yet, but this looks like something more substantial than it appeared on the surface. Will be watching for follow through. I am still holding my position.

The horizontal on the chart is at $1, that's the ceiling for the stock going back to its IPO. There was a brief spike on a fake takeover report several years ago. Although that also gave the stock a black eye in the eyes of investors, I view that as a "sneak peek" at this company's underlying value. For a brief moment the market believed that offer was real.

The smiley is when I posted on the stock and took my position. This stock still has 10X+ potential in an inflationary growth environment. I am holding off on adding here because of my general bearishness. I prefer accumulating gold and silver miners right now.

As for Pfizer, every morning I wake up and hope today is the day I read the government has ordered a halt to mass mRna shot campaigns over heart attack risk. It's a turkey trade in the sense of "the turkey problem." The trick is managing the position to maximize time in the trade, while minimizing losses, waiting for Pfizer's turkey day.

Magnesium Keeps Running

I posted a magnesium play about one month ago. It's almost a 4x already.

Magnesium Shortage

Global shortage of magnesium could cripple car industry

Annie, do you know of any magnesium plays?