PIROA

I sold off another tranche of PIROA.  Bought at 30c in April 2011 and sold today for $1.305.  That is a cool nearly $10,000 cash profit (before tax).

I don't like the fact that PIR is mining in Mali where there is a civil war.  The mine is on the western side where there is a less trouble.  Since it has grown a lot and since there is unrest there, I decided to take some profit.  I have already retrieved my capital cost for PIROA with the larger first tranche which I sold recently to generate cash to exercise the options.

Sometimes I feel smart... but PIROA profit has to compensate for some of my losses from other stocks :-(  like CLR and CKA.