SI
SI
discoversearch

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 : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Eva who wrote (633)9/24/2005 12:43:46 AM
From: Proud Deplorable  Read Replies (2) | Respond to of 78418
 
Its nothing about CKG per se. I'm just selling most of my gold stocks as I see them as dead money compared to the energy stocks.



To: Eva who wrote (633)9/24/2005 3:35:31 PM
From: jimsioi  Read Replies (4) | Respond to of 78418
 
CKG - a reload in mid to late October...

A non participant in the recent miner rally, CKG is still trending down.

stockcharts.com[l,a]wacayyay[df][pc40!c8][vc60][ilb14!la12,26,9][J58140237,Y]&pref=G

While I believe the chatter about good things coming, it's not one I'll hold during what would appear to be a correction coming in metals and miners....But I'll keep watching as mid to late October ought to corelate pretty well with a resumption of the miner's uptrend with a possible breakout on the averages late in the year igniting even the moribound juniors...Good news from the CKG field would really help..

Right now I see:

COTs, net commercial shorts at near record levels...187K net as of the last reporting period.

Jay Gallemore's Trend Indicator for Gold has turned down and the Crude story looks to be over with a possible breakdown coming of a head and sholder pattern with a measure to $55.
chartingyourfutures.com

CRX (Commodity Stocks Index) has closed below a key uptrend line with MACD rolling over...a sell signal...
stockcharts.com[l,a]dacaynay[dc][pc50!c200!f][iut!ub14!la12,26,9!lya7,14,28!ll14!ld20][J56570228,Y]&pref=G

The USD keeps powering higher with an appointment it would seem near 90...Only a close below 88, now, would turn this picture around.
stockcharts.com[l,a]dacayyay[pb50!b200!f][vc60][ila12,26,9!lb14][j59520702,y]&listNum=1

Looking for Gold at $456 and the HUI around $223-28 as correction targets for at least a tradable bounce, but mid-late October for CKG to be prime. The only thing that could throw this off is if the Europeans are heavy Gold buyers basis their Euro weakening. Should be an interesting week if not initially a weak one for natural resource, raw commodity and miner stocks.



To: Eva who wrote (633)9/26/2005 3:40:18 PM
From: Eva  Respond to of 78418
 
Some more tidbits I could decipher from my notes I made while listening to fast speaking R.R

he said that coming January they are drilling on a new location,( will give over a million onz.new discovered) at least one if not 2 JV will be complete by year's end,news will be out before christmas on that.
They were hampered by the rainy season, but they are hitting a hole every week. They will be stepping up the field crew when the rainy season stops.
So all in all, I am NOT worried about CKG !