howdie morseke1
I saw those and other drill results. Sure hope that NEWS gets around enough for me to sell off at $2 (wishful thoughts...?)
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howdie morseke1
I saw those and other drill results. Sure hope that NEWS gets around enough for me to sell off at $2 (wishful thoughts...?)
The issue in general for gold/silver mining stocks right now is sentiment is poor. Everyone hates them and have left the asset class for dead. The COT report (Commitment of Traders report is a weekly government report showing the number of long/short futures contracts for an asset) recently showed the speculators with the most net short contracts in the past 17 years. These speculator are always wrong at extremes and will be proven wrong again. It's a great time to accumulate gold and silver mining companies, but pick those with the best resources or potential resources and those that have the most experienced managements.
I have large portfolio of resource positions and read every press release and follow them weekly. If you want a blue sky position, read up on Novo Resources. You won't be disappointed. Literally nuggets of gold the size and shape of watermelon seeds in either porous rock or loose gravel. There was recently an excellent article written about their blue sky upside to the almost 13,000 sq km land package in Western Australia. You can read it here: http://www.thehedgelesshorseman.com/pilbara/novo-pilbara-more-than-meets-the-eye/
Thanks for the heads up on Novo
I own monster boxes of Silver maples.
But personally I believe Haejin that PM's are going up then Crash over the next few years. Silver down to around $6 eeek, I know. but Silver is Insurance.
I am selling off all my miners on the next Ralley in PM's