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Gold/Mining/Energy : Precious and Base Metal Investing

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To: russwinter who started this subject5/21/2002 10:04:53 AM
From: marynell  Read Replies (1) of 39344
 
Silver Standard is up huge on small volume. This one is tightly held. I expect the same thing to happen to Seabridge soon.

Talk about leverage! Silver moves up 20 cents and the silver stocks go berzerk. I think it's overdone for now. If silver comes back to $4.60 some of these silver stocks should correct 20%.

Also, Nevsun is still way ahead of itself after it's been mentioned twice in the mainstream news. I expect we'll see a lot of profit taking in stocks like Nevsun and Corner Bay and that this will liquidate the rest of our stocks.

Any thoughts?
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