GREY:PTQMF - Post by User
Comment by
Libertygon Feb 15, 2011 11:07am
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Post# 18135732
RE: $1.54 coming soon
RE: $1.54 coming soonConsidering Silver and Gold are in the midst of a consolidation/correction, albeit showing signs of breaking out to the upside as i type. So far we can't be certain this is the next leg up just yet. Normally after such a strong up move in the metals you can see an extended consolidation/correction that can last several months. Time will tell if this is the case now. PTQ in the shorter term may have to endure a longer period of basing as well. Once this metals uptrend is securely re-established the next leg up promises be the biggest move to date, but that could possibly still take several months of basing to resume. Once resumed we could see the mining shares make their most dramatic moves, including emerging producers especially the likes of our little gem PTQ. Emerging and undervalued producers hold great promise in the coming years. A big picture view trumps the short term gyrations.