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Gold/Mining/Energy : Sandstorm Gold -- Ignore unavailable to you. Want to Upgrade?

To: TheSlowLane who wrote (711)	10/25/2012 10:49:12 AM
From: loantech	Respond to of 1133

They get a pass and so will us die hards at some point. <g>

To: TheSlowLane who wrote (711)	10/25/2012 12:35:15 PM
From: architect*	1 Recommendation Respond to of 1133

SAND the 50 dma is $11.88, and the 50% retrace of the move from July to SEpt is $11.42 many of SAND's peers or companies similar to companies that SAND invests in SVL.v, BRD, Luna Gold, are below the 50 dma and approaching the 38% retrace. Gold was close to the 38% retrace with the $1,698 print yesterday, and silver tagged the 38% retrace yesterday. Support or a bounce off that 38% retrace is typical. The daily charts of CGR and FSM are close to generating a buy signal with my settings. Of the juniors I follow, Aurcana AUN.v tagged the 50% retrace at $1.02 yesterday. Kitco noted the FED 10/25 comments caused the bullish rally in gold, today. Continued low interest rates and long term bond buying by the FED has to cause bond sellers to buy gold. The data points of weakness in North America and European economic growth, the recent decline in oil prices, and low housing prices don't imply increasing inflation in the USA.

To: TheSlowLane who wrote (711)	10/25/2012 1:06:29 PM
From: onepath	Read Replies (1) \| Respond to of 1133

Since Cramer did his little promo job i have seen several Cdn fund managers making it a top pick i also suspect that several of the major Cdn PM mutual funds are buying not really caring about the price.They just want the stock to appear on their year end report........reverse principle of selling their losers to hide the losses.