On 10/29 our Newmont Mining, November puts were sold for a 130% profit in 2 days. Since I had no idea if anyone was on the trade I didn’t update it sooner. November options had very little time left so I assumed anyone on the trade would have closed it being up better than 100%. If you missed that, the following Friday it was back up 70% giving two chances to close out with a solid profit. I closed @ 120%.
Couer D’Alene had an amazing 3Q with an 86% increase in silver production to 5.2 million ounces, 222% increase in gold production to 29K ounces and a 146% increase in revenue to an all time high of $90 million. The stock price is up 150% YTD.
