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


To: Claude Cormier who wrote (64021)3/8/2009 4:54:04 PM
From: loantech  Respond to of 78408
 
I know. I am having enough trouble with HL and will not speculate any further.HL will produce 55-60K ounces of AU this year though.



To: Claude Cormier who wrote (64021)3/8/2009 5:29:13 PM
From: kayco1 Recommendation  Read Replies (1) | Respond to of 78408
 
Claude I looked at the charts on Friday night of AUY, GG, NEM, ABX, NGD, NXG, RIC. The only chart that looks strong maybe is RIC and I would not buy it unless it breaks out above $2.95 in volume. But looking at the rest of them I just have not seen the strength over the last several days. I expect to see strength on a daily basis. Gold was OK last week, but most of the gold stocks had no strength Friday afternoon. Also gold right now is not that strong for the crisis we are in. It is hard to justify buying gold stocks on the basis that we will need an apocalypse to drive them.

I am also a believer that at present time people may run for US bonds. Maybe 18 months from now they will drop the bonds and really head for gold - when the money supply kicks in.

Look forward to your feedback - thanks



To: Claude Cormier who wrote (64021)3/9/2009 4:37:02 AM
From: marcos  Read Replies (1) | Respond to of 78408
 
It's all speculation Claude, some speculate one way, some in others, that's what makes a market ... golds have been good to us for some time now, seems to me that nothing goes very far in a straight line, even if after correction it continues on in same direction ... i like silver here at least as much as gold, but also base metals and oil, maybe the latter more than anything else, right here right now, we're into prime seasonality for it and it's tanked a hundred bucks a barrel straight down whoomp, fuel is cheap again so we're going to burn lots, and to hell with our grandchildren and their grandchildren who will curse us for this, we're going to have a glorious time tooling down the highway even if we're only driving around to look for work [speaking personally here but likely not the only one]

I'm still more in golds than any other single metal or commodity, and your trio of dmm/try/ric lead the pack, but getting more interested in base metals ... combos like trx.v could do well here, special situation, could be gold mine with copper credits or the reverse, depending on how metals prices go, but either way it's a strong project in an area crying out for some employment ... ngd.to, well lots of copper upside that they haven't had valued in the market, that may improve now, however the wgi/wgw wasn't their first acquisition and won't be their last, each time the acquiror vehicle takes a hit, i'm less enthused here than before but holding, it's going to be one of those long-term efforts, anyway i bring it up as example of how base metals have effect on so many

stp.v, aos.v, mmg - these would lead my list for adding at this point, fwiw ... oil, oil, and zinc/silver ... and developers not producers - you don't want to be trapped in production with all that capex spent and product prices so low, you want to be lining up for the sweet spot when prices are reasonable again, in vehicles that may or may not have much cash, but don't need much cash

Equinox is the friday after this next one, ten sessions away, it has other years kicked off rallies from late-winter corrections in juniors ... won't be only the gold plays this year, imho