MAG Silver

MAG Silver is a PPSS play exiting the pre-production sweet spot. I still see a lot of upside in the stock, especially as I do expect higher silver prices. But it's not cheap, and I can't be sure that investors won't get impatient for profitability, now that the mine is producing cash flow. So, rather than just sell, I put an Upside Maximizer on it, and that was triggered. I wouldn't mind still owning shares, but I only had a small position, so, to keep things simple, I exited entirely. It''s not my biggest win, but a win's a win, and no one goes broke taking profits.