Gold Beach; Thx for posting Navillier's GTE prediction, although he is trying to sell his wares. I bought back into GTE when it dropped to 7 and 6.65, adding to my shares. I would have done a little better not trading this puppy from the 3's, but can't complain.
GTE apparently hit a major discovery on Friday, announced 80 ft net pay, and is under testing.
Rallied on extremely heavy volume on Friday, so we shall see if it follow thru into the high 8's or the 9's early next week. Seems destined to see 10ish in the next 1-2 weeks even if it consolidates in the 8's next week due to profit-taking.
GTE has been very volatile, up and down, so it is tradeable in terms of scaling in and out every 35-50 ct increments.
BTW, SOR looks like it is ready to break out above ATH of 5.87 next week as well, running to at least 6 1/2, maybe 7, in the next 1-2 wks, imho.
Potash/phosphate junior cos are continuing to consolidate their huge gains, retracing about 50% on average, some near 61.8% or 2/3rds. I don't think their run is over yet. I still like LGDI and KCL.
KXL (Kodiak Exploration) may be forming higher lows, from 2.10-2.20's, to 2.40 now, but needs to take out 2 3/4 on a closing basis on heavier volume and then to take out 3, for a bullish breakout. KXL longs await overdue assay results, as they have some of the highest gold shows of recent years as well as very high gold early assay results.
regards,
drbob |
