For anyone that actually reads this blog, sorry for my sudden departure. I was away from computers, t.v. and just about anything that would give me news of the outside world for a few weeks there. It was gorgeous on Galiano Island, and I feel totally relaxed now. But, wow, it's amazing how long it takes to actually catch up with financial news, once you get a week behind!
I'm glad to say that a few weeks away from the computer did not kill me, and I even came back to a few surprises. The Falcon Oil and Gas stock I talked about earlier really flew (no pun intended) while I was away, now sitting about 80% above where I bought it a few months ago. It's currently on a halt with the TSX, pending news, so here's hoping I get to go for my second stock doubling so far this year. I guess that's one of the good things about a shaky market like this: lots of opportunities to pick up cheap shares after an over-reaction.
Speaking of cheap shares, if I had extra cash in my pockets I'd buy more Pediment Exploration (PEZ.v) which announced some lacklustre results on one of their secondary properties this week. Which in turn has really driven down the stock price in the last few days. It's a great price right now (hovering around $2.05 CAD) based upon their flagship property alone, let alone their other properties. My vacation wiped me out, otherwise I would likely buy some more.
Again, sorry all for the sudden disappearance, but I was presented with an opportunity for a quick vacation and I wasn't going to pass it up.
Cheers!
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