Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Andrew who wrote (13131)	4/10/2008 6:35:21 PM
From: gold$10k	Read Replies (1) \| Respond to of 29622

Hi Andrew, Many perfectly good juniors have had a 90-100% retracement of what had been huge gains despite the fact that those companies now have much larger ore bodies and more cash than the last time that they sold at these prices when the POG was half of what it is today. I don't believe that this has anything to do with fundamentals. I have many times seen selling that would appear to have been triggered by a totally inconsequential press release. Some folks want these stocks lower and have done quite a job of it, but eventually I expect that there will be not only reversion to the mean but a huge upward price explosion which is also part of the manipulators' game plan. They sell that which they want most to scare everyone else out and provide themselves with the best prices for the best sure thing of the next few years. Each rally gets sold, even by those who believe in these stocks, because the pattern has been a return to the lows after each rally and maybe lower... and each new low requires a re-test. But as the reaction rallies become smaller (as they have been recently) there is less incentive to sell them. That is the point at which the price volatility drops, the price moves sideways as the Bollinger Bands contract, and the stage is set for a great reversal. I remember a day in 2002 or 2003 when a similar pattern had played out. Then suddenly the juniors were up 40% in a week and their bear market was over. I don't believe that that happened by accident and I expect that it will happen again. I don't know when, but the current situation could provide the right setup as XAU/HUI makes new highs and the POG exceeds $1000. We'll see. vt

To: Andrew who wrote (13131)	4/10/2008 7:36:22 PM
From: jimsioi	Respond to of 29622

Andrew, re CXX.v (CXZ) and Aurora (AUX.to) These stocks held all the promise in the world back just a year ago....when Aurora was selling at $20 and Crosshairs over $3...Own them both at one time, fortunately exited sometime back.. stockcharts.com Apparently Aurora didn't fair so well with the Inuit Indians and I see Crosshairs has reminded everybody who is interested that their claims are safe from interference. "VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Apr 9, 2008 -- Crosshair Exploration & Mining Corp. (CDNX:CXX.V - News)(AMEX:CXZ - News) ("Crosshair" or the "Company") announces that the legislation recently passed by the Nunatsiavut Government does not affect Crosshair's principal assets. Legislation has been passed that places a three year moratorium on uranium mining within the Nunatsiavut's self-governed Labrador Inuit Lands (LIL). Crosshair wishes to remind the market and its shareholders that 92% of Crosshair's property falls outside of LIL. In addition, all of the Company's principal assets, including the 4.5 kilometre long mineralized corridor that runs from C Zone to Armstrong, fall outside of LIL and are therefore not impacted by this legislation." Maybe someday they'll come back but it looks like CXX has the better chance, now. There's been some positive action in some of the uraniums the last couple of days. UEX.to was up 20% today...CCJ has come around...