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European Goldfields Limited T.EGU



TSX:EGU - Post by User

Comment by Goldbug0675on Jan 20, 2010 5:50pm
235 Views
Post# 16701499

RE: Great opportunity today

RE: Great opportunity todayThis POS has tanked hard the last few days. I picked up some shares at $6.40 and am still reluctantly holding. Even when gold was up, this stock still tanked. I an starting to think that gold has lost its appeal and everyone is jumping ship. The sentiment on the US$ is up even though they have trillions worth of debt and will never be able to pay it back. The speculation is driving the dollar up and gold down and who knows how far it will go. I see EGU at $4 in a few days and gold around $1050. I hope I am wrong but I don't see anything positive that will keep gold from moving down further.
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