Is this stock worth hanging onto, or should i sell it and buy another mining stock?

should i continue to hold paas,or sould i sell and buy another mining stock?

Answers

CG answered a question in General Market.
307 points

CG answered 2 weeks ago …

Basically minig stocks (actual ore producers) will move in relation to two factors - the price of what they mine, and the general markets.

Thus switching from PAAS to another mining stock seems redundant as they'll almost certainly move in tandem. If I held PAAS, I'd hold it over the 200-day moving average or at present roughly $20. As long as gold is over $1000, mining stocks shouldn't break their trendlines from the Novermber lows.

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