Strongest Gold Stocks
By: Clive Maund, Diploma Technical Analysis
I have compiled a list of the strongest gold stocks, broken up into several tables. One table for the best general stocks, one for the best Canadians, and one for additional Canadians worthy of consideration. I must emphasize that the list is not comprehensive and that there are some good stocks, which should be in the list, but they escaped my notice. Furthermore, the list is very basic, with little information beyond the name of the stock. I have not appended comments to many of the stocks because I have not had time to look at them. I intend improving and rounding out the list in the future. Where practicable I have put stop loss levels, in the many cases where support levels are close together or indeterminate I have put nothing. The placing of stops with gold stocks is always tricky, as very often the use of stops can result in being shaken out by a whipsaw move. My reason for making the list available at this time, before it is complete, is threefold. Firstly, I know a number of readers are looking forward to it, secondly, we are close to a breakout on many stocks and perhaps for gold itself, and finally I am going to the Phillippines for three weeks on Friday 6th and won’t be able to do any more work on it until January.
Please do not Email me about this list, in the first place I won’t be here for several weeks, also, I have only done a preliminary scan of many of these stocks, simply to determine if they have good potential, and am unable, without further examination, to provide any more information. The main purpose of the list is to provide ideas for you the reader to look into further, or perhaps to confirm what you already know.
Always keep in mind that we are dealing with probabilities and statistics here. I believe most of these stocks will go on to perform well, but that doesn’t mean they all will.
click on link for list of stocks...
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