RE:RE:RE:timmins
SSM, I feel the same - I am patient and believe there is much more upside in the coming months.
Gold needs a catalyst after a great run in the first 9 months. It is steady in the $1330 range.
TMM needs a catalyst after a fantastic run in the first 9 months. It is steady in the .60's
For TMM: Production results will be released in three weeks or so, so the world will know production and price of gold sold. I'm looking for .03 cents profit as financing charges should be nil and POG sold will be higher. This imminent CEO announcement - I haven't seen or read anything from the company If anyone can share, would be appreciated.
For Gold: The Fed will continue to play its game, but Europe is getting worse, the election is forthcoming and any rate change will not occur until December. I am watching Italy and the Banks, and physical demand as it should pick up in October ahead of wedding season and Diwali.
I also still see Anonymous selling and my view is it should dissipate after Quarter end. Deh, how is anonymous over the past couple weeks - still selling? Oct 3, I believe, we will see TMM start to gain momentum.
B