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Strategies & Market Trends : Strictly: Drilling II

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To: nspolar who wrote (4711)12/1/2001 11:52:04 PM
From: kirby49  Read Replies (1) of 36161
 
Wow and I thought I took a while to make my first post. Just reading and lurking myself until the backwardation of the lease rates last March had me see the bottom formed in the gold indices last December.

bigcharts.marketwatch.com

Took me a few months into 96 to close out all positions. Now we've overswung and more reason for there to be upward pressure on gold than there was in 95. May be different than 87 as well, regardless of the reasons, I love those spikes.

So further north than Edmonton. Hall's Beach? Maybe further west Eskimo Point?

Regards

Bob
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