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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Ed Ajootian who wrote (75946)12/5/2006 10:55:56 AM
From: sammaster  Read Replies (1) | Respond to of 206181
 
totally a resource play...
if you feel like ng prices will stay above $6 then it will reapproach old highs..below $6 and its unprofitable...
so depending on what the market believes the ng price is gonna be gsx can go from value of zero to above that :)
most of this move is probably "rebound" after a few funds liquidated their positions causing price to overshoot to downside in last few months...