PINL:VLTAF - Post by User
Comment by
YeOldGoldNuggeton Jun 09, 2010 1:27pm
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Post# 17173456
RE: When we get moving again
RE: When we get moving againINDEED!
Having set that high of $1.79 makes it that more of a target.
Market knows investors willing to buy all the way up to those prices.
Gold juniors time will come..HUI was already outperforming the other indexes. Gold has set a new all time high and is building momentum again to start another jump up like the one we had breaking 1000 and the one we had which got us to $1226.
Next target for gold, TA wise then will be somewhere between $1350 and $1500
Remember,...global crash means this will be reflected in the price of gold and I very much doubt it will stop at $1250
When this thing gets moving investors will look to invest in well cashed up juniors with plenty of resources and Volta applies in both categories.
That ain't difficult math we need to do here to realize that.
It seems like a hard drop from that high of $1.79 to $1.20 but meaningless when you look at the marketcap of the entire venture compared to the other indexes. When money starts flowing in you will know what I mean by that.
Cheers,
YeOld