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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 411.93-0.4%Dec 24 4:00 PM EST

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To: IngotWeTrust who wrote (29226)1/17/2013 11:18:14 AM
From: ItsAllCyclical  Read Replies (1) of 29622
 
PGLC - Like the management as well, but they are going to be using contract mining for their mines for the foreseeable future. They also still need to raise another 10-15 mil this year, probably more. Looking at 65-70% recoveries, NSR on most of the properties and land package still needs work. There are positives, but I think ST it's ahead of itself. LT will probably be a winner.

Looks more like a technical breakout given all the attention it's been given of late. Suspect there will be more ops to buy in the mid .40's.
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