Look at that! Some turbelence and everyone becomes silent. There is always reason for concern, especially when playing junior gold stocks. However, one thing for sure, and I hope all of you keep this in mind, is that OROP is way ahead and in a lot better position than most of the juniors on the VSE. I have followed gold stocks for many years and what we are experiencing is very painful but short term. Remember, if the market does in fact slow down, and more indicators are starting to prove that, and with all the uncertainty in Asia, gold will start to make its move. Right now is an incredible buying opportunity. Just look at Barrick and Placer Dome. Barrick has not been this low in over 2 years. However one must factor, how much stock can one purchase at $25. Nonetheless, as I have stated earlier, I encourage all of you to do your DD, but you need to be courageous and truly believe in your picks. The market right now is very volatile, but there are truly some excellent opportunities out there, including this play. It's not for the faint of heart!!!
Zeus |
