On a Day like this, TSE:BAY, Bolivia, Day trader info.
XXXXXXXXXXXXXXXX Yes, we must go there, it's a long shot, they sometimes come in. home.c2i.net
You can never be totally sure, but the case for GOLD [July 2nd] do look very promising. The Gold, Micro Cycle can hide more dynamite, then seems obvious at the first glance. These cyclical charts should be looked upon/ interpreted as an Stochastic Oscillator presented in advance (with some flaws of course), it reaches an absolute maximum, and if the market moves in a strong up trend, the indicator never really comes down or you will see narrow cliffs, you can almost jump over. Thus we could be moving up towards the end of the year, before a sizeable correction. Then the long term trend should give added support. Technically the chart pattern forming since last year looks like a huge catapult ready to be released, no need for a parachute, you will NEVER come down again (just kidding). Many technicians will tell you about this chart pattern - in the aftermath. No offense intended, anyone who have paid attention to charts, knows how the mind gets polluted by doubts and fears, thus one resists entering the market when it is the most advantageous, just to feel much more confident when the fun is almost over, that's what makes the market!
XXXXXXXXXXXXXXXXXXXXX Probably will do better making a deal with Bay, than jumping in big time in Bolivia, Political question.????
cornerbay.com
The philosophical shift is real in my opinion, and a very positive one for Corner Bay shareholders. Bottom-fishers are now in a Spec Cycle 75% Hold position, with most of the original investment recovered. A metals bull market is lurking around the corner and the institutions are very light in terms of resource sector plays. Ross Beaty's Pan American Silver is bogged down by Russian mobster politics. George Soros' Apex Silver is bogged down by the high capital cost of its project in Bolivia, a Latin American country renowned for its political instability. Bob Quartermain's Silver Standard is looking good, but not as a silver play. There really are not many good choices for pure silver plays. Corner Bay's share structure allows for both heavy duty institutional financing and price appreciation, a combination seen only rarely.
XXXXXXXXXXXXXXXXXXXXXX Good news is ( CSV ) is in Idaho. Kensington is in Alaska.
Info for Day traders, CDE will produce over 11 million + ozs 0f Silver in 2000, if Silver can crack 6 bucks, it could be a nice ride. |