CEE what you mean as it is driving to about 1.50 for the gap fill?
A little bit from canada stockwatch....
Globe says New Gold, others expected to shine
2011-08-10 08:50 ET - In the News
See In the News (C-NGD) New Gold Inc
The Globe and Mail attempts to identify gold stocks that should do well in volatile markets in its Wednesday, Aug. 10, edition. The Globe's Scott Adams writes in the Number Cruncher column that gold continues to be a favourite haven during the current market turmoil. Mr. Adams notes, however, that gold stocks generally have not kept up with the commodity price. Mr. Adams believes that there are gold stocks that can provide steady growth. Mr. Adams only considered stocks with market caps larger than $1-billion, that have positive earnings and positive earnings growth forecasts for fiscal 2011, 2012 and 2013. Mr. Adams searched out gold stocks that have the steadiest earnings versus their peers. He says the stocks with the best year-to-date performances are often the ones that rank well for earnings variability over several years. Gold stocks worth considering are New Gold ($10.75), Agnico-Eagle Mines ($59.42), Semafo ($8.51), Yamana Gold ($13.85), Centamin Egypt ($1.84), B2Gold ($3.25) and Allied Nevada Gold ($37.40). CPMS Morningstar senior consultant Craig McGee says, "These stocks are prime candidates to be considered for their safety characteristics." |
