RE: Gold surges to near record territoryThat's what I like about "penny" gold stocks; as long as gold is over 800, who cares? :)
Everything is based on news (ups) and "other things" (downs - read as you will)
Now if you held Barrick or Goldcorp, it is different, they are pretty highly leveraged to the price of gold.
Has anyone really considered what "life would be like" if gold were 2 - 3K an ounce?
Basically, grab your gun and run for your cave :)
Unless of course you are sitting on a couple of thousand ounces and want them to appreciate.
Gold can stay between 900 and 1000 for a few years and I would be happy.
Lots of penny stocks out there :)
Just my opinion :)