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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 (27900)12/16/2006 5:15:15 PM
From: LLCF  Read Replies (1) | Respond to of 78442
 
Is this the company CKG is buying??

Message 23107249

DAK



To: loantech who wrote (27900)1/5/2007 12:20:24 PM
From: crustyoldprospector  Read Replies (2) | Respond to of 78442
 
Tom,

Don't have any charts to show, but FWIW my targets right now are POG 510 and HUI 214. I see possibilities much higher and much lower, so definitely no free lunches. HUI 214 target has been my "preferred" bottom since last May, and after another look, I see no reason to change. I won't buy without some confirmation that a turn is made, and who knows where that will be.

Someone I have a lot of respect for says HUI could go all the way to the 140's. I don't discount the possibility. SKI system indicated a sell last Friday, so traders who follow that system ONCE AGAIN had their bacon saved.

Wherever the bottom ends up being confirmed, you can be sure that it will be the spot to go all-in. Silver may be the better choice than gold at the bottom, because during the coming economic downturn, the silver supplied as a by-product of copper production should drop off as copper production falls.

By the way, gold price 510 projects to a USD 92 ... hard to believe given all the Death of the Dollar projections out there, but that is what $USD:$GOLD is telling me.

All IMO.

Regards,

crusty