Sulliden Gold Corporation Ltd T.SUE.WT

I don't trust Humala!

[bogeyfree]

During his inauguration, he swore that he will go back to the 1973 constitution
which gives more control of the natural resources to the Government and more rights
to the workers. Said he doesn't like the actual constitution adopted in 1993 in force now.
Can this be a reason for the sudden drop?

[play_n_lay]

research I have been finding suggests the opposite. That Humala is moving much more towards the center (positive) then previously expected, if not the right!!. He does want to increase minimum wage and fund a small pention for people over 65 to be funded from the windfall tax which is apparently supported by most miners. https://www.reuters.com/article/2011/07/27/us-peru-humala

[bogeyfree]

Thanks Play!Very interesting and reassuring text!What now?What's keeping it under $2.00?Not a good period, the whole market is down.What if the vote is successful today in the U.S., will that make a difference?What more than good recommandations with interesting target prices from respected firmsand proven gold will it take to have this stock moving up?Sell in May..............

[play_n_lay]

All high beta, less liquid stocks have been getting hammered. People where selling there positions in case the US wasnt able to raise the debt ceilng. Gold has held up well today considering it looks like the republicans and democrats have reached a comprimise. It was down 15 in the morning, then recovered most of that becaues people know raising the debt ceilng doesnt fix the underlying US debt