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


To: loantech who wrote (9797)4/26/2006 7:38:30 PM
From: SwampDogg  Respond to of 78424
 
I agree with him and the targets seem reasonable considering the following:

1) The 1980 high should technically be taken out in the next few years

2) If #1 occurs than a target over $100 seems likely

TA on the stocks is pretty clean here. Downside could be about 10% before the bullish case is questioned. Otherwise just draw a line and hold. The most attractive thing about the sector is that there is a supply problem with quality stocks. With WTZ gone the list of stocks that institutions will buy is even smaller (maybe 3).