Alta Gold Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Alta Gold

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: XOsDaWAY2GO who wrote (498)	2/26/1998 8:29:00 PM
From: Francois H. Gaston	Read Replies (2) of 749

Barbara: ALTA filed chapter 11 .... NOT! After following ALTA for over a year now, it has been common for this small cap to NOT take off when big caps get going, but often takes off a few days later. That is one explanation. The second explanation (IMHO) is that all the other gold mines had dropped big time over the last 2 weeks and NOT ALTA. Those have therefore to catch up. From a T.A. perspective we just had two sell signals... but every indicators show continued accumulation. Let's sit down and it may take 6 months to reach 3 .... with some intermittent retractions. Right now, ALTA holds firm. No worries from this end. The rise in gold stocks without much rise in POG needs to be confirmed tomorrow. It is looking good to me. If we are on a climb before the week end, we could have a good nest week. Good luck. Fran‡ois PS: not being able to use as much margin when you gold stocks is a little bit frustrating in view of a possible coming correction. Oh! Well! not much shorting possible for me... but I am sticking with a gold play, long, at this point in time.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next