I, for one, appreciate your input to the thread, Mr. Morrison, and
your conveying your communications with the company. Those of us
who've been waiting for the metals to shine once again have had to
possess the patience of Job, but I believe our wait is finally over,
or almost so. I base that on the anecdotal and empirical evidence
beginning to appear which suggests that physical metal stocks are at
or near not multi-year lows, but multi-DECADE lows. The recent
off-take in Comex warehouse inventory of both gold and silver has,
as usual at major bear market bottoms, gone almost un-noticed and
even less remarked upon. The retracement we're seeing now is the
"wave 2" as bulls decide <unfortunately> that this latest rally wasn't
for real, either, and the bears see it <also, unfortunately> as just
another chance to get short. That is the "signature" of a classic
"wave 2"... NOBODY believes it. Aside from some of the other tech
indicators mentioned in another post, CNPGF <I trade it on the NASDAQ>
is making a marvelous MACD crossover and is about to make an OBV
breakout dating all the way back to the February high of last year.
This bodes well. |
