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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: SwampDogg who wrote (45400)7/7/2013 10:48:22 AM
From: Fintas  Read Replies (1) | Respond to of 48092
 
I took a peek at $HUI, KGC and ABX. Yup all of them offer a nice rally is coming. NOT sure I agree with you re the % up yet all of their rallies will be strong.

HOWEVER, I can see LOWER for ALL of them. Especially if large sits on their hands.

if someone does't step up to take the ABX of the KGC as you consider, the lower I see lower will give some serious heart burn.

It takes time for a sector to bottom. One only has to look at the dry bulk shippers or disc drive manufacturers in the past. And while they bottom as much as many want others to step in and BUY. Often the game is to CRUSH them and prices go lower than desired. Thus one should be very careful stepping in for a potentail merger or other.

I looked close and hard between last eve and today and because you put up some names.

I agree with you re upside will be decent but I also would add one better be nimble if they trade. Investors could take a bite and then size in. But taking a full bite would not be investing but hoping here and now..

Thanks for the names.

Fintas