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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: LoneClone who wrote (73807)9/7/2012 11:15:49 PM
From: onepath1 Recommendation   of 78417
 
Rough numbers from todays close of $9.92 and using volatility of 30% to 40% i get a price between $2.60 and $3.20.

Current volatility is high because of US listing etc. but long term most of the royalties are less then 30% volatility.

But often as you said first day is a dump or kept down for broker positioning(crosses etc.)

I will not pay for high volatility so i need a price below $2.50. If not i hold my already trading ssl.wt & ssl.wt.a until a more opportune time to switch and there will be one.
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